How can companies justify cutting research and development expenses when they literally have no future without it

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I've learned that slashing budgets is always difficult - no matter which department :(

I find it hard to justify but as an R&D engineer, I think I'm a little biased!

When it comes to staying afloat, it's worrying about the current situation rather than the future that's most pressing. ...that doesn't make it any less frustrating though.

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