Coronavirus disease (COVID-19) is having an unprecedented and unpredictable impact on the world's economy. The pandemic has driven the world toward adapting to the current circumstances regardless of the business, sector, or industry. The coronavirus epidemic (COVID19) has affected the global economy and service sector. The purpose of the current study is to assess the effect of COVID-19 on service sector growth and sustainability. Global sectors and industries are trying to anchor themselves amidst the pandemic. The study focuses on the sectors that are badly hit by the outbreak and discussed the strategies and responses different countries are taking to sustain their economies. This study concludes that the vital role of Information Technology and digitization supports the economies in their fight against the pandemic and helps them sustain themselves amid crises. This study also contributes to the body of literature by suggesting IT-based solutions for various industries to elevate effective responsiveness and avoid significant losses.

Purpose: The purpose of this paper is to find out impact of social networking like Facebook, Twitter, Slideshare, Linkedin, etc at employees performance.Design/methodology/approach: Model presented in this article which shows the function and format of working of key variables. Model showed that social networking affect the productivity, skills, knowledge, productivity and motivational level of employees of banks. Data is collected from different bank's employees so that the real scenario can be presented. Data collected from The Bank of Punjab Pakistan, National Bank of Pakistan and Habib Bank of Pakistan.Findings: This study shows that social networking become an integral part of everyone's life and have a strong impact. Social networking affects working situations of employees of banks too. For exploring key issue literature of different authors was studied and thoroughly discussed. Views of different authors and personalities (which as having high designations in well reputed organizations) presented in this article. Correlation and Regression analysis is done for primary collected data. Practical implications:It showed that using of social networking have strong impact on Business Management and Strategy ISSN 2157-6068 2014 www.macrothink.org/bms 140 employee performance. Social networking by employee's affect their skills/ability, knowledge/qualification, productivity/outcomes and motivation level.Originality: This paper identifies the social networking needs of employees and its usage for better performance. It provides bases for organizations to use social network for their employee performance in interesting ways rather than boring and typical training programs.

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