The coronavirus outbreak has drastically reduced the number of people strolling through Istanbul's bustling streets, creating a challenging environment for small business owners. Street vendors, pubs, cafes, markets, and taxi services are feeling the pinch as customer turnout dwindles.
Faced with limited foot traffic, many vendors are grappling with tough decisions. Some entrepreneurs choose to remain open, striving to keep their businesses afloat despite the hardships. Others find the lack of customers insurmountable and decide to close their doors temporarily or permanently. Additionally, the economic strain has forced several business owners to lay off employees, adding to the community's financial stress.
This situation highlights the broader economic impact of the pandemic on local businesses in Istanbul. As the city navigates these uncertain times, the resilience and adaptability of its small business community will be crucial in overcoming the ongoing challenges posed by COVID-19.
Reference(s):
Story of Fighting COVID-19: Small business owners struggle in Turkey
cgtn.com
