With millions affected around the world, the current Covid-19 outbreak is taking its toll on a truly global scale. As a provider of translation and interpretation services covering all subjects, industries, and languages, Monterey Language Services has been in a unique position to witness the effects of Coronavirus on a number of sectors. Here are some of our observations and insights from the past week.
Insurance Companies
Insurance companies are being pushed out of business, and reacting with panic. In particular, Worker’s Comp providers have been hard hit as it becomes increasingly difficult for companies to rule out or prevent employees’ exposure to Covid-19. Some providers have begun cancelling Workers Comp coverage at just the suggestion that employees could be at risk of exposure.
Media
In a situation like the current one, it’s important to stay up to date and have access to information from trusted news sources. Unfortunately, media outlets are not immune to the effects of the outbreak, and in its wake publishers across the country have been forced to reduce their print schedule, or stop printing altogether. According to the New York Times, local media outlets in particular have been crippled by the outbreak.
Translation and Interpretation
The effects of the outbreak on the T&I industry have been unmistakable to both translators and interpreters themselves, as well as language service companies. With business across the country screeching to a halt, and more and more areas ordering citizens to shelter in place, last week saw a string of cancellations from clients across the board – depositions, business meetings, tech presentations, medical appointments have been postponed indefinitely, and freelance translators and interpreters face an uncertain future.
We are all being affected by the outbreak of Novel Coronavirus, and for our part, Monterey Language Services will continue to keep an eye on developments across industries as the situation progresses. Stay safe and keep healthy!
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