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These CEOs are More Likely to Lay off Their Employees


Some CEOs are more likely to lay off staff than others. Chief executives who are paid less than their peers are four times more likely to lay off their employees, according to research published this week by the State University of New York at Binghamton. Researchers analyzed data that included CEO pay and layoff announcements made by S&P 500 SPX, -0.04% firms from 1992 to 2014 in the financial services, consumer staples and information technology industries...

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