5 Things You Should Do If Your Employer Goes Under Due to COVID-19
Alongside the dreadful human toll, the COVID-19 pandemic is decimating businesses as well. Many companies forced to close due to social-distancing restrictions are now struggling to stay afloat. The government has offered assistance to these businesses, but its Paycheck Protection Program is already out of money and may not be enough, even if additional funds are added.
This makes it likely that some businesses will close due to the extended lack of income during this crisis. That's a tough pill to swallow for business owners, but it's also tough on their employees, who will have to find a new source of income to support their families. If you find out your employer is going under, here are a few steps you should take to better manage this painful transition.
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Source Fool.com