Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; Blogger_Importer has a deprecated constructor in /customers/b/4/b/cfoinsights.org/httpd.www/wp-content/plugins/blogger-importer/blogger-importer.php on line 44 Warning: session_start(): Cannot start session when headers already sent in /customers/b/4/b/cfoinsights.org/httpd.www/wp-content/plugins/unyson/framework/includes/hooks.php on line 259 Could CFOs be included among mass layoffs? - CFO Insights Group

Could CFOs be included among mass layoffs?

With the economy unlikely to improve soon, Shawn Cole, president of executive search firm Cowen Partners, explains whether CFOs should worry about being included in cost cuts.

Small and mid-sized companies hit hard by the pandemic might be tempted to axe their CFO as a cost-cutting measure. But that would be a mistake, Shawn Cole, founder and president of executive search firm Cowen Partners, told CFO Dive this week. 

No public company, regardless of size, nor few large private companies with external investors could go without a CFO, no matter how dire finances became, Cole said. 

Not only is the finance chief’s expertise too important to the company’s survival ability, but the very presence of the CFO plays an integral role in shaping investors’, analysts’ and regulators’ view of the company. 

Source: CFO Dive

Share on facebook
Share on Facebook
Share on linkedin
Share on LinkedIn
Processing...
Thank you! Your subscription has been confirmed. You'll hear from us soon.
ErrorHere
Warning: session_start(): Cannot start session when headers already sent in /customers/b/4/b/cfoinsights.org/httpd.www/wp-content/plugins/unyson/framework/helpers/class-fw-session.php on line 13 Notice: Undefined variable: _SESSION in /customers/b/4/b/cfoinsights.org/httpd.www/wp-content/plugins/unyson/framework/helpers/class-fw-session.php on line 24 Warning: session_start(): Cannot start session when headers already sent in /customers/b/4/b/cfoinsights.org/httpd.www/wp-content/plugins/unyson/framework/helpers/class-fw-session.php on line 13 Notice: Undefined variable: _SESSION in /customers/b/4/b/cfoinsights.org/httpd.www/wp-content/plugins/unyson/framework/helpers/class-fw-session.php on line 24 Warning: session_start(): Cannot start session when headers already sent in /customers/b/4/b/cfoinsights.org/httpd.www/wp-content/plugins/unyson/framework/helpers/class-fw-session.php on line 13