Companies cut spending, jobs as economic outlook grows less certain
Edited By WION Video Desk
Published: Jun 29, 2022, 22:20 IST | Updated: Jun 29, 2022, 22:20 IST
Executives at electric car marker Tesla, drug maker Novartis and retailer Bed Bath and Beyond are cutting spending or jobs in U.S. while others are shelving projects or deals as inflation rages and confidence in the world economy wanes.
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