- The coronavirus has been a boon for the bankruptcy industry as struggling companies and sectors try to survive during a pandemic and recession.
- AlixPartners, a restructuring-focused management consulting firm, has hired 50 new employees to its restructuring group, which is still “recruiting like crazy” to manage an influx of work.
- The firms expansion comes as some other firms have laid off employees and are planning to hire fewer graduates to manage headcount.
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As the coronavirus pandemic shuttered much of the US in early March, restructuring and turnaround experts Lisa Donahue and Joff Mitchell said they fielded panicked calls from clients who needed advice on how to stay afloat.
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Read the full article at: https://www.businessinsider.com/alixpartners-is-expanding-to-handle-coronanvirus-restructuring-work-2020-10