In April 2020, 71 percent of Russian advertising companies chose reduction of office expenses as a measure to cut down their costs during the crisis caused by the coronavirus (COVID-19) pandemic. Reduction of employees' salaries was named by 43 percent of respondents, followed by shortening of the working week and staff reduction, with just over 20 percent each.
What measures are being taken in order to reduce company expenses during the pandemic crisis?*
Characteristic
Share of respondents
Reduction of other payments, e.g. office rent
71%
Reduction of salary
43%
Shortening of working week
22%
Staff reduction
21%
Change of direction of company's activities
14%
Other
14%
There were no noticeable changes in company's operation (we do not need them)
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Russian Association of Communication Agencies. (April 30, 2020). What measures are being taken in order to reduce company expenses during the pandemic crisis?* [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1114879/measures-to-reduce-company-expenses-russia/
Russian Association of Communication Agencies. "What measures are being taken in order to reduce company expenses during the pandemic crisis?*." Chart. April 30, 2020. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1114879/measures-to-reduce-company-expenses-russia/
Russian Association of Communication Agencies. (2020). What measures are being taken in order to reduce company expenses during the pandemic crisis?*. Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1114879/measures-to-reduce-company-expenses-russia/
Russian Association of Communication Agencies. "What Measures Are Being Taken in Order to Reduce Company Expenses during The Pandemic Crisis?*." Statista, Statista Inc., 30 Apr 2020, https://www.statista.com/statistics/1114879/measures-to-reduce-company-expenses-russia/
Russian Association of Communication Agencies, What measures are being taken in order to reduce company expenses during the pandemic crisis?* Statista, https://www.statista.com/statistics/1114879/measures-to-reduce-company-expenses-russia/ (last visited November 03, 2024)
What measures are being taken in order to reduce company expenses during the pandemic crisis?* [Graph], Russian Association of Communication Agencies, April 30, 2020. [Online]. Available: https://www.statista.com/statistics/1114879/measures-to-reduce-company-expenses-russia/
