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Layoffs: Companies copy others 'in almost mindless imitation,' professor says

Por: Fox Business Business December 07, 2022

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Evercore ISI senior managing director Mark Mahaney reveals which stocks could outperform if the US economy is hit with a recession on 'Varney & Co.' The number of companies implementing layoffs is growing with most conditions and recession fears as the driver.  Even with high borrowing rates and persistent inflation, Stanford Graduate School of Business professor Jeffrey Pfeffer noted that companies tend to copy each other in almost... + full article



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