How to cut business expenses in a meaningful (and sustainable) way
Nanonets
MAY 31, 2023
Understanding Sustainable Cost Reduction In a McKinsey Quarterly survey , it was found that 79 percent of companies implemented cost-cutting measures in response to the global economic crisis of 2008-09. This was evident during the 2008-2009 financial crisis, as shown in McKinsey’s survey above.
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