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GIVEAWAY WILL BE FIRST COME FIRST SERVE. AND ALL NEW AT 10 ST. LOUIS BASIN TEEN ANNOUNCING TODAY THAT THEY PLAN TO CUT 3,000 JOBS ALSO AMERICAN AIRLINES NOTIFIED THE STATE THAT THEY MAY HAVE TO FURLOUGH ALMOST 1200 WORKERS AT LAMBERT FOX NEWS KATHERINE HESSEL HAS MORE ON THESE ANNOUNCEMENTS AND THE ECONOMIC IMPACT. HEALTH INSURER, 17 REPORTED 12 MILLION DOLLAR LOSS FOR THE 3,000 WORKERS AND 1500 OPEN POSITIONS. THE CEO SAYS THE REDUCTIONS ARE THE RESULT OF AN OVERLAP IN POSITIONS AFTER 17 FINALIZED A MAJOR MERGER IN JANUARY. DOCTOR LISA PLEMMONS AN ASSISTANT PROFESSOR OF ECONOMICS AT S I U E SAYS BECAUSE OF THE PANDEMIC WE MAY START TO SEE MORE MERGERS. WITH ANY SORT OF ECONOMIC TURBULENCE. WHAT WE SEE IS THAT NEW HAVE A LOT OF BUSINESSES WHO MIGHT GO OUT OF BUSINESS OR MIGHT DECIDE TO MERGE TOGETHER TO BE ABLE TO BUY THEIR FINANCIAL WELL CLEMONS SAYS ANY TIME THERE ARE MAJOR LAYOFFS. THERES A RIPPLE EFFECT ON SUPPORTING OCCUPATIONS BUT BECAUSE THE PANDEMIC WE MIGHT NOT NOTICE IT AS M
