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Q: Top companies that closed down during recession?
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Reason for not giving incentives to employees in recession?

The revenues and profits of companies have gone down due to the recession and hence they may not be able to afford incentives and fat pay hikes. that is why they haven't given them.


How recession effect on employment in Malaysia?

Malaysian companies that export stuff to US may have to cut down on their production due to reduced demand from the US. Hence these companies may not be able to sustain and pay the same number of people they employed till last year. So they may want to reduce their workforce to maintain their profit margins. You can expect a significant effect on Employment in Malaysia (Or for that matter all over the world) because of the US recession


What caused all the thearters from London to shut down?

When are you referring to ? The only times that I know off when theatres anywhere were closed, was during both WW1 and 11 and also during Oliver Cromwells time.


Why did the theaters of England close down in 1642?

London theatres were closed in 1593 because of an outbreak of the plague. They re-opened in late 1594.The companies tried touring around the country but could not make it pay and had to disband.Due to the Bubonic Plague (The Black Death)


What does global recession means?

A global Recession refers to a situation where the GDP of a many nations has been on a down trend (Decline) for two consecutive quarters (at least 6 months) If the decline in GDP continues for a further 2 quarters the economy can be said to be in a state of Depression.

Related questions

Effects of recession on IT market in India?

simples ,,, recession closing down telesales companies ,,, which use IT daily


In case in global recession how do stocks of companies in various sectors perform?

gold up, stocks down


Why don't any links to Cenimar-dot-com work anymore?

Due to the recession they closed down their investing guessing services :)


Which major Indian companies have closed down?

AstraZeneca is one of the major Indian company to have closed down. The company was a major pharmaceutical company.


Reason for not giving incentives to employees in recession?

The revenues and profits of companies have gone down due to the recession and hence they may not be able to afford incentives and fat pay hikes. that is why they haven't given them.


What happened to the theater companies when they were closed down between 1953 and 1954?

The Black plague


What is the difference between recession and depression?

The difference between the depression and a recession is a recession is the down on an up and down rollercoaster. While the depression, there was no way to tell when it would end.


What happens to unemployment rate after a recession?

After a recession, the unemployment rate will go down.


Is there a recession in Ireland?

Yes there is a recession in Ireland. The down turn was announced in mid 2008.


What caused all the theatres in London to be closed down in between 1593 and 1594 what happened to to companies at this time?

The theathers were closed for the pandemic of the black death in Europe.


What caused all the theatres in London to be closed down between 1593 and 1594. what happened to the theatre companies at this time?

The theathers were closed for the pandemic of the black death in Europe.


What caused all the theatres in London to be closed down between 1593 and 1594 what happened to the theatre companies at this time?

The theathers were closed for the pandemic of the black death in Europe.