Automation concept collage About 26% of survey respondents reported that COVID-19 has prompted them to accelerate investment in technologies that support automation efforts. (Photo: Shutterstock)

Companies across the board are feeling the pressure from COVID-19, leaving some scrambling to stay afloat amid the current market conditions, and prompting many to bolster and rely on technology to do so, at least one survey suggests.

In their recent report, “The Impact of COVID-19 on the Future of Work,” WorldatWork and Greenwich.HR surveyed 523 organizations across multiple industries, ranging in size from fewer than 100 employees to more than 40,000. The companies sought to ascertain whether organizations are estimating how long they can survive in their current state before making drastic cuts to their operations or closing altogether; and, if so, when their organization will reach this critical “point of survival.”

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