Q1 only covers through the end of March which would have only seen a few weeks of social distancing in some regions. Budgets take time to slash, and ripples tak

Q1 only covers through the end of March which would have only seen a few weeks of social distancing in some regions. Budgets take time to slash, and ripples take time to spread. The lean times could last for years and the common advice for surviving recessions is to cut as deeply and quickly as you can to preserve cash. That's why many companies are doing layoffs before they actually see a quarterly revenue performance hit. Organizations take time to move so decision makers need to lead the target.