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Nearly half of C-suite execs weigh team budget cuts: Gartner

  • About half of C-suite executives are considering budget cuts in the second quarter due to macroeconomic challenges, as per Gartner findings.
  • A survey conducted by Gartner revealed that 49% of corporate executives are contemplating budget cuts for their functions in response to economic impact and U.S. federal policy changes.
  • 58% of respondents anticipate supply chain disruptions due to tariffs, reflecting the uncertainty faced by businesses amidst global economic challenges.
  • Gartner's survey also indicated that corporate executives are considering various strategies such as altering go-to-market approaches and pausing major projects to navigate the current economic uncertainties.

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