The World Cup caused a loss of 17 billion dollars worldwide!

Bangla Press Desk: The World Cup is called the Greatest Show on Earth. During the World Cup, millions of people around the world drop their work and immerse themselves in football.
People in every corner of the world are immersed in football madness, whether they go directly to the stadium or watch it on TV. People have not been paying attention to work for the past month and a half. Everyone is busy with Messi, Mbappe, Lamin, Ronaldo, Neymar.
As FIFA, the World Cup is their most profitable event.
TV screens are also full of advertisements. But due to the work of people busy watching football, there is a big shortage in productivity.
The football festival of about a month and a half is now at its end. Tomorrow, the curtain will fall on the final between Argentina and Spain at MetLife Stadium in New Jersey.
Although Mexico and Canada are named as joint hosts, the main host of this World Cup is the United States. According to a report by human resource software provider 'UKG', the US economy may lose about $11.7 billion in productivity due to this World Cup. The global productivity loss could exceed $17 billion.
The report claims that a large number of employees planned to skip work on the day of their favorite team's game at the World Cup, leaving early, arriving late the day after the game, or skipping work altogether. This has had an impact on productivity.
According to data from workplace management and safety platform 'Envoy', employee attendance in various US offices dropped by 26% on Tuesday, July 7, the day after the United States' World Cup loss to Belgium. Absenteeism rates are usually higher on the day after the Super Bowl, the American football final in the United States (usually Monday). However, the absence rate on July 7 was 10 times higher than the day after the Super Bowl.
Not only did absenteeism drop; visitor entries such as client meetings, interviews, and vendor appointments also dropped by 32% on July 7, which is almost three times higher than the day after the Super Bowl. Envoy called this phenomenon 'Knockout Tuesday'. The highest absenteeism rates were on that day and the day after the games in which the United States participated. The World Cup has become more exciting in the United States, but the excitement has eased. Workplace attendance is slowly returning to normal there, according to a Bloomberg report. This is not the first time that a major event has caused a drop in employee attention. Attendance has also dropped during the Olympic Games or the 2023 release of the films 'Barbie' and 'Oppenheimer.' Some companies have taken alternative measures to avoid the negative impact of the World Cup on productivity. Employers in host cities, including S&P, JPMorgan Chase & Co. and Goldman Sachs, have encouraged employees to work from home to avoid traffic jams and travel delays on U.S. match days.
With the United States out of the tournament, American interest in soccer has also waned. Even the excitement surrounding tomorrow's high-voltage final is muted. Envoy predicts that attendance at work could drop slightly the day after the final. The company estimates that this rate of absenteeism will be much lower than on 'Knockout Tuesday'; It could be closer to the day after the Super Bowl. They estimate that the day after the finale could see a 1.87 percent drop in workplace attendance compared to other Mondays.Source: kaler kontho

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