As companies struggle with whether to bring employees back into the office or allow remote working to continue, a recession might force their hand.
Corporate America is preparing for an economic contraction within the next year. A full 98% of CEOs say a recession will hit the U.S. within the next 12 to 18 months, and many are already implementing cost-cutting measures to help weather the storm. Companies have already started eliminating expenses such as business travel and employee perks, and more than half of CEOs say they are considering layoffs within the next six months.
