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Guide
5 Stats That Show Cutting Costs by Cutting Jobs Hurts Business (and What to Do Instead)
How to streamline spending without sacrificing valuable talent and expertise
As businesses aim to manage costs in a shifting economic climate, layoffs are a common strategy. However, this seemingly simple solution can have harmful consequences.
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In this guide, we reveal why focusing on indirect spend management offers a way to avoid difficult downsizing exercises. You’ll learn:
Why overlooked categories represent the area of greatest spending inefficiency in most organizations
Efficient ways to optimize processes, enhance visibility, reduce risks, and control costs
How to save 7% to 15% on addressable indirect expenses and reinvest those savings to fuel additional growth