Job Cuts at Big US Firms Raise Concerns, But Not Yet Alarm Bells
In spite of mounting layoffs at high-profile companies, there no evidence of a dramatic increase in joblessness in the US — so far.
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I’m Cécile Daurat , an economics editor in the US. Today we’re looking at the recent layoffs at big American companies. Send us feedback and tips to ecodaily@bloomberg.net . And if you aren’t yet signed up to receive this newsletter, you can do so here .
Over the past couple of weeks, large US companies ranging from Amazon.com to retailer Target and beermaker Molson Coors have announced thousands of job cuts.