Originally Posted by
DaveReidUK
This is the "ripple effect" of the Covid saga and, of course, this will spill over into 3rd party suppliers and on through the supply chain and the supporting economies (shops, pubs etc where workers spend their wages). Very, very worrying.
From the above link, "Unite the union said the decision was "shameful opportunism".", it's clear that the Govt should have explained better what the aim of furlough money is/was, namely to keep people paid whilst the country is in "lockdown" so they could resume their work immediately when the lockdown ends. Of course, that's assuming each persons' business sector hasn't tanked in the mean time (ie work would effectively pick up where it left off).
For the lucky ones, that will be the case. For many, particularly in (or related to) aviation, this is but one of many aftershocks which will follow the implosion of flying. It's how the subsequent downsizing is handled - that's where opportunism can come in as highlighted in the BA Restructuring thread where that is discussed in detail! And how it will end is also another of the great debates regarding the length of the downturn.
All in all really sad to see and thoughts go out to all those who may be impacted. Truly a most unwanted epoch is upon us all.