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View All NewsSurvey finds 71% of CEOs expect staff cuts
April 08, 2009
A survey released this week of members of the Business Roundtable, an association of CEOs from U.S. companies, found that 71% plan to cut staff in the next six months while 7% plan to add staff. Another 21% plan no change the survey results don't equal 100% because of rounding.
The member CEOs also estimated U.S. real gross domestic product will decline by 1.9% in 2009.
The survey took place between March 16 and March 27.