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Dow Jones plunges over 600 points; American Express announces workforce reduction plan

Schaeffer's Research ·

AXP American Express Co
$313.22 -3.68%
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  1. 1The Dow Jones Industrial Average fell more than 600 points on Friday.
  2. 2American Express announced a plan to reduce its global workforce by approximately 5%.
  3. 3The Russell 2000 recorded its first weekly gain since September 4.

So what's the key point?

The Dow Jones fell sharply by more than 600 points on Friday. American Express stated that it plans to reduce its staff by about 5 percent.

Source Schaeffer's Research · View original ↗

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