Start-Ups now can lend their employees to each other in order to prevent redundancies.
The ongoing pandemic hits the world economy heavily. In order to overcome economic difficulties in the start-up scene, the US start-up Deployee offers other start-ups the opportunity to lend their employees to each other. Through the online site, start-ups that may be in financial distress or temporarily unable to provide jobs for some of their employees, can loan those employees to other start-ups for a limited period of time. In this way, employees can be protected from redundancy or similar situations, and start-ups in urgent need of reinforcements can easily hire talented people from the same industry on a project-by-project basis.
Read more about innovations during the Coronacrisis here.