April 2009
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TD Magazine

Budgets on the Chopping Block

Thursday, April 23, 2009

The economic crisis is now common knowledge, even to those who avoid the media in an effort to escape hearing the latest bad news. The latest question on the table is how companies are handling the current situation, and across the globe, the answer is the same - organizations are hastily slashing budgets across a variety of areas.

Sixty-seven percent of European companies are planning to make changes to their budgets, according to Hewitt Associates, a global human resources and outsourcing con


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