What can L&D professionals do during an economic downturn?
TalentLMS
APRIL 11, 2023
In times of economic uncertainty, companies often focus on cutting costs and reducing expenses to stay afloat. Unfortunately, one of the first things to go is often workplace training. Learning and development budgets may seem like an easy target for cuts. But reducing L&D strategies during an economic downturn is a short-sighted decision. In fact, 85% of HR leaders say training is a helpful element of company growth.
Let's personalize your content