Making your L&D budget recession-proof: 7 strategies to take now
CLO Magazine
DECEMBER 22, 2022
Executives react as if a recession is imminent by cutting budgets, delaying projects, deferring expenses and reducing staff. This environment leads to scrutiny of all budgets, including the learning and development budget. ” However, when it comes time to reduce budgets, learning is often the first budget to go.
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