COVID-19 CFO Survey Emphasizes Layoffs, Cost Clampdowns and Longer Recovery Periods
Finance leaders are on the corporate front line, helping their companies navigate a health and economic crisis whose duration is uncertain. PwC’s biweekly CFO survey tracks how these executives view a COVID-19 world — and the actions they are taking to respond.
This survey, the third since emergency lockdowns took effect in the US, reflects the views of 313 US finance leaders during the week of April 6. It was a week when unemployment claims surged — totaling 16.8 million since mid-March — and focus turned to the emergency loan program for small businesses as a part of the $2+ trillion coronavirus relief bill, says PwC.