Large Companies Cutting Jobs Signal US Economy Starting to Weaken: Analyst

David Lam
By David Lam
February 20, 2024NTD News Today
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Nike will cut about 1,700 jobs in an attempt to shed $2 billion in costs, while American Airlines said it’ll lay off 656 employees. Against the backdrop of a jobs report revealing over 8 million Americans working two jobs, NTD interviewed economic analyst Jim Nelles for insights.