Comeback companies on the rise
The pandemic rocked thousands of companies across the country, especially those in the service sector. Hertz filed for bankruptcy and Airbnb laid off a quarter of its employees.
So how were these companies able to thrive after knocking on death’s door?
Axios Re:Cap talks with Axios’ chief financial correspondent and author of the weekly Axios Capital newsletter Felix Salmon on the “Lazarus” companies of the pandemic era.