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Yahoo Finance

Several company layoffs threaten market recovery amid pandemic

Several company layoffs threaten market recovery amid pandemic

Yahoo Finance’s Akiko Fujita and Worldwide Managing partner of Bain and Company, Manny Maceda discuss the state of global business amid the coronavirus pandemic.

  • septiembre 24, 2020
  • min read

Yahoo Finance

Several company layoffs threaten market recovery amid pandemic

A new wave of corporate layoffs is threatening to stall the US economic recovery. A growing list of companies have announced cuts to their global workforce so far. So are the job losses likely to accelerate, or are companies positioning themselves for a bounceback in 2021?

Let's bring in Manny Maceda. He is the Worldwide Managing Partner of Bain and Company, and joins us from Palo Alto.

Yahoo Finance