Recession stories

CMO roles in Fortune 500 firms have fallen from 63% to 58%, with B2B companies leading a decline in marketing leadership amid economic uncertainty.

VistaPrint's 2025 SMB Report reveals that while over 65% of Australian small businesses face economic challenges, half remain optimistic for the future.

Late payments cost Kiwi small businesses GBP £827 million in 2023, threatening their survival and hampering economic growth amidst rising inflation and interest rates.

Employment Hero has launched SmartMatch, a tool that delivers real-time payroll data, aiming to transform salary transparency for employers and job seekers alike.

During recessions, businesses often cut charitable giving to protect their bottom line, but GravityLab urges Kiwi firms to keep funding social justice initiatives.

Despite financial struggles, only 20% of Kiwi households plan to switch broadband providers this year, overlooking potential savings of over $360.

AI, sustainability, and upcoming elections are leading topics in CEO discussions in Q1 2024, notes the latest IoT Analytics report.

Gartner outlines key trends in the M&A landscape, driving focus on tech opportunities, AI adoption and regulatory complexities.

Projection sees digital twin market growing at CAGR of 30% between 2023 and 2027, states IoT Analytics report.

Organisations that implement spend management technology sooner rather than later will find themselves in a stronger position to weather an economic storm.

Q3 2023 sees CEOs focusing on AI innovations, particularly Generative AI, and sustainability, says IoT Analytics.

CMC Markets has entered a three-year partnership with KiwiHarvest to support its mission of addressing Aotearoa's pressing hunger and food waste crises.

Ongoing economic uncertainty has driven Australian organisations to explore new ways to improve their operations and maintain their competitive edge.

A recession, without a doubt, will cause disruption and with disruption comes challenges, including labour shortages, budget cuts and much more.

Data is at the heart of digital business, and managing data and related infrastructure with proper strategy and planning will be key to business success.

Inflation, a recession, and a shortage of skilled workers are causing price increases in the IT sector, putting pressure on businesses.

Tech companies in New Zealand taking cautious hiring approach amid economic uncertainty, in contrast to overseas job cuts.

MTF Finance appoints Rowena Davenport to lead its credit function, offering strategic support and leveraging new systems to make better credit decisions.

Software provider Apptio appoints Mark West as Regional VP for Australia and New Zealand to help firms manage cloud costs and budget waste.

How can businesses navigate an economic downturn? Invest in compliance, marketing, R&D, and customer service, say experts.