When this press release hit the inbox the temptation was to try and be funny about how firms are cutting back on Christmas decorations but the pain and shock caused by the findings are so powerful they are best left to speak for themselves.
According to some research from Maris Interiors 55% of offices have spent absolutely nothing on Christmas decorations. That's right it's not a mistake. They have spent nothing.
The overall average spend per employee was 23p and this is the lowest spend on record.
Of the 45% of offices with any festive cheer at all, tinsel was the most common decoration: most commonly taped to the ceiling or around computer monitors. Only 12% of companies surveyed had splashed out on a Christmas tree, which is usually under 5 feet tall.
Maris Interiors Chairman, Michael Howard, said: "This is slightly depressing to hear - even in these austere times, companies should perhaps think of employee morale before cutting back completely on the Christmas decorations. A few quid on some fairy lights might go an awful long way!"