The Coronavirus Response Could Forever Change How Amazon, Uber, and Others Utilize Contract Workers
In some regards, it's a bit premature to talk about what life will be like after the coronavirus outbreak finally abates. After all, it's still growing on a global basis. First things first.
The reality of the matter is, however, it's not too soon to think about these things. The market tends to be predictive rather than reactive, meaning the stocks of companies that will snap out of the COVID-19 funk before others could begin their rebounds before the contagion is completely in the rearview mirror.
The world's commerce landscape will emerge at least a little bit different, of course. If nothing else, employees and employers will take sanitation a little more seriously. But, perhaps the biggest shakeup stemming from the coronavirus wakeup call is the use of contracted workers that companies like Amazon (NASDAQ: AMZN) and Uber (NYSE: UBER) have come to rely on. The federal government's recent $2 trillion stimulus package bailed them out too, but from a legal and technical perspective, they shouldn't have needed to. Those contracted or "gig" workers caught a break.
Source Fool.com
