Wait and see, redundacies to be announced next....
Many people have lost significant portions of their wealth. Everyone is cutting back on expenses. Companies are cutting back on their use of private aircraft, both for cost savings and and for political considerations -- they don't want to be the next CEO dragged in front of TV cameras.
As a result, business is reduced at charter and fractional operators. That will result in aircraft grounded and staff being laid off.
None of that is a surprise or a particularly unique insight.