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Hiring Plans Axed Amid Election-Year Uncertainty, U.S. CFOs Say

  • Almost half of U.S. financial chiefs report pullback in plans
  • Eight in 10 see moderate-to-large U.S. political risk

Almost half of U.S. financial managers are slashing hiring or spending plans as political uncertainty weighs on the business outlook during the election year, according to a survey released Wednesday.

Forty-seven percent of U.S. firms reported pulling back on employment or investment, according to the quarterly Duke University/CFO Global Business Outlook poll.