Home / News / World News / Article / Women-led SMBs saw more closures in pandemic globally: Facebook

Women-led SMBs saw more closures in pandemic globally: Facebook

Nearly 23 per cent of all female business leaders stated that they spent six hours or more per day on domestic responsibilities, compared to only 11 per cent of men.

Listen to this article :
Representational Image | Courtesy: AFP

Representational Image | Courtesy: AFP

Stressing that women have been disproportionately impacted by the pandemic globally, Facebook on Tuesday said that female-led small and medium businesses (SMBs) were more likely than male-led SMBs to report that they were closed, even when taking into account factors like size of business, sector and geography.

Nearly 23 per cent of all female business leaders stated that they spent six hours or more per day on domestic responsibilities, compared to only 11 per cent of men, according to the fourth edition of Facebook's �Global State of Small Business Report'.

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
UK to infect healthy volunteers to speed up COVID-19 vaccine efforts

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement