Here is a great infographic that Boston Consulting Group created in 2009 looking back at the effectiveness of various actions during the last challenging time/recession. There are a lot of takeaways, but, perhaps the most striking is how common yet how ineffective cutting back spend on training was for 2008 recession.
I hope this helps arm L&D execs worldwide with additional tools when negotiating internally during this challenging time brought about by COVID-19.
