Your Key to Profit mentioned in the Wall Street Journal
Cutting Costs, Not Jobs, Is Focus for Many CFOs Facing Slowdown
Companies aim to avoid mass layoffs despite the prospect of a recession
Finance chiefs are looking to squeeze cost savings from their businesses as they brace for a potential recession, but without resorting to layoffs in a challenging hiring environment.
Many economists expect the U.S. economy to contract in 2023 following a series of aggressive interest-rate increases by the Federal Reserve to fight inflation. At the same time, many employers are looking for workers, with job openings well above the number of job seekers.