​CEOs Scale Back Hiring Plans Amid Weaker Sales Projections, Cooling Economy – Tyler Durden

CEOs Scale Back Hiring Plans Amid Weaker Sales Projections, Cooling Economy Authored by Tom Ozimek via The Epoch Times (emphasis ours), America’s corporate leaders plan to pull back on hiring over the next six months and expect a slowdown in sales, according to a survey of CEOs, which comes as cooling in the jobs market has prompted the Federal Reserve to deliver a significant 50 basis-point rate cut. A ‘Now Hiring’ sign is displayed at a grocery store in Deerfield, Ill., on July 25, 2024. Nam Y. Huh/AP Photo The Business Roundtable’s CEO Economic Outlook Survey, released on Sept. 18,…  — Continue at ZeroHedge News : Read More