Survey: CFOs are pessimistic about 2010 economy

12/17/2009 | Bloomberg Businessweek · Wall Street Journal, The

Chief financial officers in the U.S., Europe and Asia remain gloomy about economic prospects for 2010. The 1,431 CFOs surveyed plan to reduce headcount by an average of 1.6% in the U.S. and 2.6% in Europe. "It's all about running a tight ship and cutting costs," said survey co-author John Graham, a professor of finance at Duke University.

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Bloomberg Businessweek · Wall Street Journal, The

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