A recent survey conducted by Chicago’s Challenger, Gray & Christmas sheds some insight on what companies in the United States are doing to cut expenses due to the current economic crisis. According to the survey, the number one way companies are reducing costs is through cutting travel expenses (66.7%), followed by hiring freeze/ reduction (57.8%), and—sadly— coming in third is permanent layoffs (55.6%).
Here are the full results:
Check out the entire survey here
Transworld Business teamed up with SIMA to conduct a survey at the Sacred Craft consumer surfboard expo held in Del Mar, California a few weeks ago. Here’s a portion of the results.
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