60% of big US corporations say a head count reduction is coming in 2020
December 12, 2019 at 09:00 AM EST
A majority of the largest U.S. companies expect to reduce head count in 2020, according to a fourth-quarter CNBC survey of chief financial officers. That may seem surprising in a strong economy and labor market and coming off a huge November jobs number, but it's not. Here's why.