Franchise News
Research Reveals CFOs Are Prioritizing Cost Cutting As Recession Fears Loom
More than 80% of CFOs say they expect hybrid working to be a cost saver. 91% of CFOs believe there is a recession on the horizon, and 97% are cutting costs by more than 10% per annum as fears for the economy heighten. Among global Fortune 500 CEOs, 74% said they plan to reduce office space. Independent research shows hybrid working could save businesses more than $11,000 per employee per year.
