COVID-19 Impact on Dealers and the Channel?

I was on the MPSA call today.  Here's some points of interest I was going to post on another thread but will put it here for everyone.

• One major MPS company reported 29% decline in pages or revenue
• Another major MPS company reported a 71% decline
• Healthcare for one of those clients saw a 40% increase
• More inquires from clients in respect to file sharing and content 
• Expecting continuing decline for another 30 days in revenue and prints
• First week of April they hit bottom and has stayed that way with no increases
• Only 6% of those who applied for unemployment has received funds

Opportunities

• Good uptick in cloud based solutions for documents
• One attendee wanted a robust cloud data collecting
• New sectors of business will flourish with post-covid19, other businesses will not return, we need to identify those that will flourish
• Major opportunity to grab market share from players who have shrunk their business or may not make it

Stuff I heard

• Much of the unpublished "cocaine" funds are exhausted from the manufacturer 
• Pull back from published "take down" or "know out" programs
• Marco laid off or furloughed 200
• Visual Edge laid off or furloughed 500
• Local dealers by me laid off an average of 80% of staff

Would love to have other peeps add to this list