Organisations Looking to Cut L&D Costs Amid Economic Difficulty

by | 0 comments

Three quarters (75 per cent) of senior HR leaders believe economic uncertainty is impacting their company’s learning and development (L&D) strategy for 2023, with many looking to cut training costs as a result, research has found. A study conducted by strategic skills partner Corndel, revealed that half (49 per cent) of organisations with an L&D strategy in place will be spending less on their programmes this year as a result of the economic downturn. Click here for more.