Seattle tech CFO survey: 37 respondents say three-quarters expect full COVID-19 recovery; nearly half raise 2020 spending forecasts

A survey of 37 Seattle-based tech CFOs finds the local tech industry remains resilient during the COVID-19 pandemic, with three-quarters expecting full recovery and nearly half raising 2020 spending forecasts versus early March. Many CFOs report higher Q2 bookings expectations and over 40% say their companies are increasing headcount despite widespread industry layoffs elsewhere.

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