A CFO Survey: Payroll Cuts Are Imminent

"More than half of the CFOs participating in a recent survey (56 percent)say that they expect the credit crisis to force them to cut payroll in the coming year. Further, 57 percent anticipate slashing operating costs by more than 5 percent, while 50 percent say they predict a decline in company revenues."

[The survey — which polled more than 100 executives who attended CFO magazine's CFO Rising West conference in Las Vegas this week — included reaction from chief financial officers, vice presidents and directors of finance, and controllers.]

Read it here

Views: 61

Comment

You need to be a member of RecruitingBlogs to add comments!

Join RecruitingBlogs

Subscribe

All the recruiting news you see here, delivered straight to your inbox.

Just enter your e-mail address below

Webinar


Glassdoor Webinar

RecruitingBlogs on Twitter

Groups

© 2024   All Rights Reserved   Powered by

Badges  |  Report an Issue  |  Privacy Policy  |  Terms of Service