Business chiefs, economists brace for recession as Davos begins
CEOs are the most downbeat they’ve been since the global financial crisis, while chief economists are braced for a global slowdown.
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CEOs are the most downbeat they’ve been since the global financial crisis, while chief economists are braced for a global slowdown.
Confidence among companies in their growth prospects has dropped the most since the 2007-08 global financial crisis due to rising inflation, macroeconomic volatility and geopolitical conflicts, a
Most CEOs expect bleak economic outlook for 2023: PwC survey-
Nearly 40% of CEOs don't believe their organisations will be economically viable in 10 years if they do not transform Inflation (40%), macroeconomic volatility (31%) and geopolitical conflict (25%) rank as the top global threats, as cyber and health risks fall from a year ago CEOs are cutting costs, yet 60% do not plan to reduce headcount and 80% don't plan to reduce compensation in the fight to retain talent following the 'Great Resignation' Leaders in France, Germany and the UK are less optimistic about domestic growth than global growth, compared to those in the US, Brazil, ...
Most CEOs expect bleak economic outlook for 2023: PwC survey-