Post by account_disabled on Dec 30, 2023 13:33:26 GMT 8
In the situation of the spread of the COVID -19 virus disease Bangkok, April 3 , 2020 – PwC releases results of a survey of U.S. CFOs and CFOs. and Mexico found 87% were concerned about the COVID -19 virus having a significant impact on business operations. Make income and profit this year shrink Points out that various organizations are accelerating to use financial measures to manage costs. Delay investment plans and reduce unnecessary costs While the results of the survey in various regions found that almost 1 in 3 CFOs have plans to lay off employees, PwC Thailand advises Thai businesses to sustain their businesses. Liquidity management and take care of employees to survive the crisis together with the organization PwC has produced a survey . COVID-19 CFO Pulse SurveyThis is the second time by surveying the opinions and views of the Chief Financial Officer (CFO ) and other financial executives regarding concerns from economic and business impacts.
Arising from the outbreak of the new strain of coronavirus disease ( COVID -19) . PwC has compiled the Country Email List opinions of financial leader In the United States and Mexico, a total of 55 cases between 23-25 March were found. CFOs are increasingly concerned about this issue, with 87% of CFOs saying they are very concerned. The COVID -19 outbreak will have an impact on their business operations, while 80% expect the COVID -19 virus to result in a decrease in revenue or profits this year. This is an increase of 33 and 22 percentage points, respectively, when compared to results from the previous survey on the week of March 9 . Organizations are rushing to adjust their business strategies to deal with this pandemic situation, with 85% of CFOs stating that They have taken financial action as a result of the COVID -19 crisis , emphasizing cost control measures (67%) and delaying or canceling investment plans ( 58%).
In addition, they are also using other strategies such as reviewing Facilities expenses Investment expenses for general assets Including information technology and personnel expenses. Additionally, more than half ( 56%) of CFOs expect to see relief measures and benefits that will help ease the burden on employees. Because while the US Congress Economic stimulus measures have been implemented in various areas to help Americans compensate for increased unemployment and help prevent businesses from collapsing. Various companies have made adjustments. Employee benefits and actively evaluate alternatives, such as withholding additional hires, reducing work weeks , considering pay cuts, and more . “Business leaders understand that the organization's goals before the crisis were not Yes, it is important again because at this time Their No. 1 priority is leading organizations and employees through the expanding COVID - 19 pandemic , ” said Tim Ryan , President and Senior Partner , PwC USA .
Arising from the outbreak of the new strain of coronavirus disease ( COVID -19) . PwC has compiled the Country Email List opinions of financial leader In the United States and Mexico, a total of 55 cases between 23-25 March were found. CFOs are increasingly concerned about this issue, with 87% of CFOs saying they are very concerned. The COVID -19 outbreak will have an impact on their business operations, while 80% expect the COVID -19 virus to result in a decrease in revenue or profits this year. This is an increase of 33 and 22 percentage points, respectively, when compared to results from the previous survey on the week of March 9 . Organizations are rushing to adjust their business strategies to deal with this pandemic situation, with 85% of CFOs stating that They have taken financial action as a result of the COVID -19 crisis , emphasizing cost control measures (67%) and delaying or canceling investment plans ( 58%).
In addition, they are also using other strategies such as reviewing Facilities expenses Investment expenses for general assets Including information technology and personnel expenses. Additionally, more than half ( 56%) of CFOs expect to see relief measures and benefits that will help ease the burden on employees. Because while the US Congress Economic stimulus measures have been implemented in various areas to help Americans compensate for increased unemployment and help prevent businesses from collapsing. Various companies have made adjustments. Employee benefits and actively evaluate alternatives, such as withholding additional hires, reducing work weeks , considering pay cuts, and more . “Business leaders understand that the organization's goals before the crisis were not Yes, it is important again because at this time Their No. 1 priority is leading organizations and employees through the expanding COVID - 19 pandemic , ” said Tim Ryan , President and Senior Partner , PwC USA .