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Cost Reduction to Fund Growth

Cost Reduction to Fund Growth

Fortune 1000 companies switch from survival mode to focus on indirect expense reduction to fund future growth.

As a number of sources cite, the recession came to an end in mid-2009. Most businesses today working to gain back lost profit from its inception in 2008 can still recall the impact it had to their bottom line. Jobs were lost, salaries were decreased and declines in gross domestic product (GDP) and consumer spending were more evident than ever, to say the least. And while business profit gain has risen steadily, some executives are finding it’s not enough and are working towards more growth.

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