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Budget Season 2026: From Holding Breath to Setting Strategy

Last fall, most leadership teams were holding their breath and crossing their fingers. Inflation was stubborn, the Fed kept rates high, and “do more with less” became the boardroom mantra. This year, the mood has shifted. Budgets for 2026 are less about blanket caution and more about selective investment, with headcount decisions under sharper scrutiny than ever. The companies that thrive will be those that stop treating hiring as a cost to contain and start treating it as the growth strategy it is.

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