Thank you for sharing!

Your article was successfully shared with the contacts you provided.
business woman in silhouette looking pensive (Photo: Shutterstock)

A PwC survey of chief financial officers finds a big increase from a study just two weeks earlier in the share of CFOs who said that their companies were considering layoffs due to the continuing COVID-19 crisis.

PwC’s COVID-19 CFO Pulse Survey, which was released on April 6 as the third in a series started in mid-March when emergency lockdowns began, indicated that 26% of 313 CFOs in the U.S. and Mexico anticipated layoffs due to the crisis compared to 16% two weeks earlier. The survey also found that 81% of respondents expect COVID-19 to decrease their companies’ revenue and profits this year.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.