(Reuters) - The coronavirus outbreak has virtually shut down corporate Australia and New Zealand, forcing companies to throw out plans and resulting in thousands of layoffs or staff suspensions.
Listed companies in both the countries have already laid off or began considering laying off at least 104,055 people, temporarily or permanently, highlighting the toll on livelihoods as virtual lockdowns take hold.
Ultimately, economists forecast the crisis will more than double unemployment to more than 11%, the highest in three decades.
AIRLINES
** Qantas Airways
** Virgin Australia
CASINOS
** Star Entertainment Group
** Crown Resorts
** SkyCity Entertainment Group
RETAIL
** Premier Investments
** Jeweller Michael Hill International
** Fashion retailer Mosaic Brands
** Footware retailer Accent Group
HOSPITALITY
** Pub and hotel operator Redcape Hotel Group
** ALH Group, the pubs and hotels group majority-owned by Woolworths
TRAVEL AGENTS
** Flight Centre
** Helloworld Travel
HEALTH AND EXERCISE
** Viva Leisure
HIRING:
On the other hand, some companies are hiring under the new circumstances.
** Australia's biggest telecom company Telstra
** BHP Group
(Reporting by Nikhil Kurian Nainan and Anushka Trivedi in Bengaluru; Editing by Byron Kaye and Shounak Dasgupta)