Job cuts will force more into freelance work, says business group

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Delivery riders are among those whose numbers have grown during the MCO.PETALING JAYA: The Malaysian Employers Federation foresees a dramatic rise in the number of people becoming self-employed in online or part-time freelance work because of the Covid-19 crisis. Shamsuddin Bardan, executive director of the Malaysian Employers Federation, said most employers were considering a reduction of their workforce as the pandemic has caused the economy to shrink. “While many sectors of the economy are reeling under pressure, the gig economy is actually bucking the trend by registering growth and is expected to continue even after restrictions under the movement control order are lifted. “Currently, there are about 400,000 self-employed and due to the difficulties of employment, the number is expected to grow up to 2.8 million this year,” Shamsuddin told FMT. A recent survey by the SME Asso…