Monday: Big layoffs, bigger hirings, massive markets swings
By The Associated Press
The viral outbreak is causing massive market actions and reactions with companies laying off thousands at the same time other companies are hiring even more people. The Dow and S&P closed down more than 4%. Small and large businesses are being forced to operate in an environment that can evolve into something unknown by the hour as the spread of the coronavirus changes the known parameters of the marketplace.
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