Re:The world should think better about catastrophic and exis...
by baddox on Tuesday June 30, 2020 @07:23PM
(#23695969)
What are the preparations that a company would have needed to do in the last 100 years to protect themselves in the event of a new pandemic? Wouldn't they need a plan to restructure to cut costs or find new revenue, and be able to cover cash flow in the n months it takes to do that restructuring? Is it that crazy to expect that from a large profitable company with long-term goals? Consider that it's common "financial advice" for individuals to be able to cover n months of living expenses in the event of an emergency, and that is often much more infeasible for an individual than it ought to be for a large profitable company.
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