Facebook Report: A Third Of Small Businesses Won't Reopen

A Facebook survey of 86,000 small and medium-sized business owners reveals that a third may not reopen post-pandemic, with many unable to rehire laid-off employees, especially in hospitality. Financial struggles are prevalent, with some businesses surviving by moving online. Despite challenges, 57% of owners remain optimistic about the future. Sheryl Sandberg emphasizes the critical role of small businesses in communities, highlighting their resilience amid unprecedented challenges.

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