Amazon and UPS are some of the other major companies announcing job cuts.
File photo showing Mastercard and Visa credit cards in Zelienople, Pa., on Feb. 20, 2019. AP Photo/Keith Srakocic, File
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Credit card giant Mastercard Inc. and chemical conglomerate Dow Inc. have announced new layoffs, adding to growing worker anxiety in the U.S. labor market.
A strategic business review of its operations will result in the cutting of 4 percent of its global workforce, Mastercard said in a Jan. 29 earnings call with analysts.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
