Here today, gone tomorrow. Are you working in an industry that could put you out of a job the next day?
Over the last decade, various industries like
photography, CD & DVD manufacturing, retail stores, and publishing have
been slowly going out of business due to changes in technology. Innovation, overseas
outsourcing, changing consumer preference, and a new digital landscape have
contributed significantly to the success and failure of small and big
industries.
As these industries slowly fade into
obscurity, hundreds of thousands of people are being left without jobs.
The world’s fastest dying industries
include:
Newspaper
and magazine publishing
The proliferation of digital news media has
caused the downturn of one of the fastest shrinking industries, the publishing
industry.
Newspaper and print media circulation took
a nosedive due to the widespread popularity of online news sources and a loss
in advertising revenue. Major newspapers are focusing on digital presence to win
back the audience.
But this stills means a loss of jobs for
printers and graphic designers. Oh, and don’t forget the newspaper delivery men.
Pay
TV and subscription TV
The wide availability of digital media and online streaming services is causing subscription television and DVD manufacturing to become obsolete.
Recordable
media manufacturing
Digital and on-demand technologies have
made CDs and DVDs virtually obsolete.
Easy access to digital content will
continue to grow and recordable media is expected to see a decline in revenue
over the next few years.
Appliance
repair shops
With appliance prices continually dropping
due to lower production costs, consumers will find little need for shops to
repair their phones, computers, and electric appliances as they find it easier and
more cost effective to simply purchase a new appliance.
Apparel
manufacturers
The apparel industry is facing steep
competition due to cheap imports and knockoffs. Cheaper labour abroad has
caused many companies to outsource manufacturing operations while robotic
automation has also put thousands out of work.
Brick-and-mortar
business
Who needs to go to the shops when you can
do your shopping online? Brick-and-mortar retail stores are closing stores
across the nation as they try desperately to survive amidst the endless supply
of online stores.
If you want to stay relevant and keep your
job or business, you need to join the right industry.
Join iTeam!
10
Reasons Why You Should Join iTeam
1 You don’t have to worry about losing your job
2 You can be your own boss
3 You don’t have to hire any employees
4 The risks are low
5 The investment is small
6 You can enjoy time flexibility
7 You can choose to do this business part-time or full-time
8 You will continue earning money as long as you decide to work
9 Your income is guaranteed
10 Your income potential is unlimited
iTeam is your ticket to financial
freedom!
Read Next: 5 Biggest Regrets In Life
Website: www.iTeamWorld.com
Subscribe our channels:
Facebook: Facebook.com/iTeamWorld
Youtube: youtube.com/c/iTeamWorld
Instagram: instagram.com/iteam.world
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Let us know what is your thought on this.
leaving a thoughtful comment below the article when you finish.
Let us know what is your thought on this.
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