Asset managers brace for more job cuts amid market turbulence

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Turmoil on financial markets is expected to deepen layoffs and accelerate acquis...

 

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Media fed fear

The recession has begun, and nothing kicks up automation like a recession. As businesses lay off workers and cut salaries to please the shareholders it will make things worse by decreasing consumer spending. The cycle will continue as spending dries up and more are laid off.

Here comes the next crash....

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