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Has the financial crisis had a significant impact on construction companies?

2009-02-24View Original

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At the 2009 annual meeting, the company’s CEO said that there would be fewer projects in 2009, and the company would enter a period of \"winter training\"; employees’ incomes would start to show improvements in the second half of the year. I wonder what impact this will have on everyone?
Reply #22009-02-24
**New projects should be encouraged, as they can expand domestic demand, stimulate the economy, and increase employment rates!
Reply #32009-02-24
Some large compounds are likely to be less affected, while smaller ones may suffer more significant impacts
Reply #42009-02-24
In the first two weeks, I discussed my company’s designs at a large foreign-owned design firm in Beijing; it seemed that only about half of the desks in the firm’s two-story offices were occupied, with most people either forced to take time off or directly dismissed. A crisis has indeed arrived.

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