Global cost management plans by organizations due to COVID-19 2020

Published by Statista Research Department, May 31, 2022
In response to COVID-19, CFOs and senior finance leaders from organizations worldwide reported cutting their marketing budgets for 2020 by 11 percent, on average. They planned to cut their expenditure on legal, procurement, and R&D by four percent.

Cost management plans in selected categories by organizations worldwide in response to COVID-19 in 2020

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Release date

June 2020

Region

Worldwide

Survey time period

May 14 to 28, 2020

Number of respondents

103 respondents

Special properties

CFOs and senior finance leaders

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