By WiT,

Last week, videc launched Global Travel Staffing Barometer, an online resource to monitor the impact of Covid-19 coronavirus on the travel, tourism and hospitality industry.

The free-to-use tracker offers industry insights on the state of terminations, furloughs and pay-cuts, across industry categories and countries, collated from various sources and updated on daily basis.

“The travel industry is crumbling before our eyes with more than half a million lay-offs in less than a month. Amid the global spread of the pandemic, companies of all shapes and sizes – from the billion-dollar valued to startups – are trimming costs, disbanding, and letting go off their most precious asset – the workforce,” observed Virendra Jain, Cofounder and CEO, videc.

“The Global Travel Staffing Barometer quantifies the
discharged staff and aims to become the central hub for tracking the loss of human resources, and in time offer the first glimpses for the road to recovery for the travel industry.”

The Global Travel Staffing Barometer currently tracks 185 companies worldwide. So far it has tracked over half a million employees furloughed and close on 90,000 terminations (or redundancies). The data can be sorted by country, industry vertical, as well as company ‘status’ (whether closed or cost-cutting) to help industry members navigate the data.

Other features of the Global Travel Staffing Barometer include:

• KPIs that Matter: Frequent updates to furloughs, pay-cuts
• Global to Local: 150+ companies and counting. Filter by country, category, status
• Focus: Dedicated to the travel, tourism and hospitality industry
• Convert Insights to Action: Monitor human resource movement, convert to your advantage.
  
  Read original story on Web in Travel.