Facebook teamed up with the Small Business Roundtable in May on a U.S. version of the State of Small Business Report, and the Global State of Small Business Report, released Wednesday, contained many of the same conclusions.
The social network teamed up with the World Bank and the Organisation for Economic Co-operation and Development to survey over 30,000 small business owners across 50 countries in May.
Their findings included:
- More than one-third of small and midsized businesses surveyed reported workforce reductions as a result of the coronavirus pandemic.
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