As They Tighten Their Belts Here S What Ceos Will Cut First
In June, tech analyst Gartner surveyed 128 CFOs and CEOs to find out which investments they plan on cutting first in the face of rising inflation, talent shortages and supply constraints. Of the 128 CEOs and CFOs surveyed, 41% identified mergers and acquisitions (M&A) as the most likely to be cut first. Investments for improved sustainability and reduced environmental impact was a close second with 39% of respondent votes. SEE: Inflation and your business: What happens next and how to navigate the storm The choice to cut M&A can be linked to the rising interest rates that significantly increase the cost of financing such deals, according to vice president of research at Gartner, Randeep Rathindran....