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How is the Recession Affecting Companies?

From a 2009 study by Monster Worldwide and the Human Capital Institute

HR Planning



A 2009 survey of over 700 companies examines how companies are handling the downturn.

corporate recession graph

Since the onset of this recession, fully a quarter of responding companies have cut their low-performing product lines and 16% have closed plants or offices. Some, however, have taken advantage of the depressed climate to acquire other companies. Overall, though, the pattern is of American companies retrenching or digging in in preparation for a long period of slow or negative growth.


Find out more about how employers are responding to the recession in The Great Recession From the Employer Perspective: The Workforce and the Future of Work available in the Monster Resource Center.


 

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