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The survey was fielded in May, some six months after the Nasdaq began its retreat, capturing CFOs’ outlook during a time of high volatility. As the economic backdrop continues to shift, their outlook could shift as well. If, for example, the pace of layoffs across the industry accelerates, concerns about hiring, retention, and labor costs could become far less pronounced.
The survey highlights some compelling findings, as well as nuances and regional differences. What’s clear is that as CFOs look ahead to rocky financial times, they’re having to make tough calls, particularly around hiring, while continuing to hit financial targets. Five key insights from this survey will help point the way: