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These big companies recently announced job cuts of 1,000 employees or more. MNBB Studio / Shutterstock.com
The nation is bracing for recession. The Federal Reserve continues to steadily raise its federal funds rate in an attempt to kill inflation, and some fear an economic downturn will be an unfortunate side effect of that campaign. CEOs of major companies are especially worried that the economy will contract soon. A staggering 86% of chief executives polled in October forecast a recession in 2023.
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