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American companies plan to cut 40,000 jobs

According to a new report from Challenger, Gray and Christmas.

A report out Thursday from employment consultancy Challenger, Gray and Christmas shows American companies plan to cut 40,000 jobs — a 20 percent drop from the previous month. 

John Challenger, CEO of Challenger, Gray and Christmas, joins Marketplace’s Mark Garrison to discuss.  

Click the audio player above to hear more. 

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