‘Shark Tank’ investor Kevin O’Leary: Many businesses using the ‘pandemic as a cloak’ to cut jobs
Many businesses are using “the pandemic as a cloak” to cut jobs that they had wanted to cut even before the coronavirus outbreak, “Shark Tank” investor Kevin O’Leary told CNBC on Wednesday.
“Their jobs will never come back,” O’Leary said on “Squawk Box.” ”This is great for earnings in the S&P. It’s not great for employment.”
O’Leary said that mandatory closures in particular — put in place…
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