FIFA World Cup causes $11.7 billion loss to American workplaces!
‘NDTV Profit’, citing UKG, said that the global impact of the tournament was approximately $17 billion, which was due to many people not showing up for work, coming late and leaving early during the tournament.
Additionally, data from workplace platform Envoy revealed that the highest number of work interruptions occurred on the day the US team was eliminated from the tournament. Office attendance fell 26 percent on July 7, while employee footfall declined 11.5 percent.
This drop in attendance was nearly 10 times larger than the drop in attendance the company saw after the Super Bowl earlier this year. Visitor traffic (client meetings, interviews and vendor appointments) declined by 32 percent, indicating that companies postponed meetings rather than closing offices entirely.
Following the host nation’s exit from FIFA, attendance at workplaces gradually began to return to normal despite the tournament reaching the quarter-final stage.
As the World Cup final approaches, analysts say the impact on Monday is likely to be much smaller than on ‘Knockout Tuesday’ because the US is no longer in the tournament.
Spain or Argentina will compete to be crowned FIFA World Cup champions in front of over 80,000 spectators at the New York, New Jersey Stadium and emerge victorious.
FIFA has announced that Slovenian official Slavko Vincic has been appointed as the referee for the FIFA World Cup final between Argentina and Spain at the New Jersey Stadium on Monday (Indian time).
National security is paramount, government serious on Chicken Neck Corridor: Tapas Roy!
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