When a company is in trouble, most people will choose to lay off employees because it is the most convenient and direct. This is why many large factories laid off employees at the beginning of this year. Because of the reduced business demand, many companies simply lay off employees and directly compensate for dismissal. That would be much more useful than continuing to spend money here. Of course, some companies don't fire employees because they don't want to compensate so much money, but they will reduce their salaries through some means. Of course, there are few such companies, because it will bring labor arbitration to the company, which is more troublesome. As for the last one, shifting the business focus, in fact, most enterprises can't play this step, because most enterprises only have one business focus.
Under the epidemic situation, companies that can stabilize their performance are basically large companies. Because in the face of epidemic or various risks, layoffs and pay cuts are actually only delaying the time of death. The only thing that can really bring the company back to life is to transfer the business center. For small enterprises, there is no change at all, because the scale of small enterprises is not enough to develop a second venture. Only large companies can develop multiple businesses at the same time and operate well. Of course, it is not excluded that some enterprises are quite strong, and the company's performance can be guaranteed to be stable through layoffs and salary reduction. But in any case, most enterprises can't stabilize their performance in the epidemic environment. You see, the total income is large, and most of it is provided by large enterprises. It's boring to look at this data. It depends on the numbers.
Generally speaking, I personally think that companies under the epidemic want to stabilize their performance, basically through layoffs (greatly reducing the company's operating costs), salary cuts (reducing part of the company's expenses), and shifting business focus.