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COVID-19: How can engineering firms survive the downturn?

Create Digital | April 30, 2020

Will my company survive the coronavirus crisis? Will my job? These are the questions that are on every engineer’s mind right now. The COVID-19 pandemic has changed the world, possibly forever. Social isolation, trade restrictions and work from home has become the new norm.

Australia is facing one of the worst economic fallouts in our history, with the latest ABS data recording a 5.3 per cent plunge in construction jobs over the past six weeks. Nationwide, job losses exceed 800,000. The engineering profession and related industries such as construction have so far avoided the direct impact of the crisis. But as secondary and tertiary effects ripple throughout the world, we know the sector will be squeezed.

Spotlight

The state of engineering Key facts 2017

It is interesting to read the 2017 engineering key facts created by UK Engineering. As an engineering company that has continued to grow into more diverse operations and procedures, the encouragement of careers in engineering for students is essential for this growth to continue. Every year there is a new generation of teenagers having completed their GCSE's with the outlook of joining an apprenticeship, A Level students looking to do the latter, or continue to study at university and let's not forget mature students looking to start new careers or alternatively looking for a career change and we as industry leaders need to ensure these routes into engineering continue to grow at a faster rate.

More featured news

Spotlight

The state of engineering Key facts 2017

It is interesting to read the 2017 engineering key facts created by UK Engineering. As an engineering company that has continued to grow into more diverse operations and procedures, the encouragement of careers in engineering for students is essential for this growth to continue. Every year there is a new generation of teenagers having completed their GCSE's with the outlook of joining an apprenticeship, A Level students looking to do the latter, or continue to study at university and let's not forget mature students looking to start new careers or alternatively looking for a career change and we as industry leaders need to ensure these routes into engineering continue to grow at a faster rate.

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