Chip Cutter

speaker

1,085 appearances 18 recordings 1 series first heard Aug 2019 last heard Sep 2024

Chip Cutter’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Companies Devise Coronavirus Response Plans · 10 Mar 2020 podcast

And I think certainly companies have dealt with crisis in the past, a number of different events from health issues to terrorist attacks. matched

I think we have around the world, though, companies focused on this one issue right now and how to solve it. matched

What is the biggest challenge about this outbreak that companies have had to deal with? matched

Really, it's just the lack of certainty here. matched

Companies really say that they're struggling to figure out kind of what to do. matched

A number of them are developing plans and really kind of reevaluating them, oftentimes multiple times a day, just to figure out how do we keep workers safe while trying to minimize disruptions to the business. matched

Describe for us what sort of plans companies are instituting. matched

Yeah. matched

So you see companies really kind of doing a number of different things here. matched

Some companies are splitting workers up. matched

So taking a team of workers and saying some people should go to one location and others should go somewhere else. matched

So this is what Bank of America is doing. matched

They're sending some of their matched

team members to Connecticut, keeping others in New York. matched

You see companies like Goldman Sachs also considering similar measures. matched

You also have companies handing out money so that people can buy supplies to have at home if they need to work from home for an extended period of time. matched

You have companies giving people guidance. matched

For example, Microsoft told workers to stay six feet away from others if you have to go into an open office setting. matched

So a whole range of different solutions, companies really trying to do all they can to keep workers safe. matched

But there's matched

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