Thousands laid off as COVID-driven demand drops

A Marine receives a COVID-19 test in Australia. (Photo: U.S. Marine Corps/Natalie Greenwood)

This is an excerpt from Medically Necessary, a health care supply chain newsletterSubscribe here.

The problem: Companies making masks, swabs and diagnostic tests are laying off or furloughing thousands of workers as demand for their products is dropping quickly. News reports have tallied nearly 8,000 layoffs at various companies due to declining demand.

Masking: The American Mask Manufacturers Association, a trade group representing about 30 smaller PPE producers, reported that by the end of...

https://www.freightwaves.com/news/thousands-laid-off-as-covid-driven-demand-drops

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