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More Than 150000 Workers May Be Laid Off In European Textile Industry Due To Epidemic Situation
Under the influence of the new crown epidemic, although European countries have introduced a number of relief measures, it is estimated that by the end of next year, about 13000 textile and garment enterprises will close down, which means that about 158000 textile workers are facing unemployment. According to the study, sales in Europe's textile and garment manufacturing industries could fall by 19% this year. Researchers predict that the industry's sales are expected to increase significantly next year, but it will be difficult to return to pre epidemic levels in the next few years.
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