You mean “over reaction troubles” don’t you? America screwed itself with the lockdown hype. Millions around the world are going to die and suffer from the economic disaster that US politicians imposed. Shame on them, and even more shame on CCP for their lying to the world. This was preventable...
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You are right, I work for cvs, we have been informed by our directors about our revenues were down significantly in March and April by 30%.
Covid-19 has result large reduction in profits for hosiptals. Many hospitals have let go employees and some are closing. Spending for elective surgeries has stopped and that is the profitable areas. MRIs
are only used now for emergency. A few years ago HC was lean and mean at GE. Unfortunately they got lazy and over hired now stuck with employees with nothing to do. I am positive layoffs are on the way. A lot falls on managers building their empire with headcount.