During the 2007-2008 recession, work availability and quality declined at consulting firms, but turnaround and restructuring work increased because distressed businesses need help.
factualpending
Speaker
Carl SeidmanEvidence Quote
“we hit the recession time back in 20072 2008 and like so many other places you the economic upheaval just caused a lot of challenges the work was not coming in the quality of work was not as good”
Source
Fractional CFO Insights on Financial Modeling and Business Turnaround with Carl Seidman— The FP&A GuyCreated: 8/12/2026, 6:05:11 PM
My Notes
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