Corporate Mergers Up, but Effect Acquisitions May Have on Job Market Is Unclear
Washington Post, December 27, 2010
By Jia Lynn Yang
Snapping a three-year slowdown, the corporate world's appetite for dealmaking has returned. Because companies often shed jobs when they combine, this renewed enthusiasm for mergers and acquisitions could spell trouble for some workers. Already, after cutting big deals this year, executives have announced thousands of job cuts or hinted that layoffs are on their way.
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