Latest in Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff
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Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff
U.S. employers announced 172,017 layoffs for the month, up 245% from January and the highest monthly count since July 2020CNBC - 5h -
Layoffs soar to highest level since 2020, led by Musk's DOGE cuts
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.CBS News - 4h -
DOGE onslaught pushed layoff announcements to highest point since 2020
An unofficial but closely watched gauge of the labor market found February had the most layoff announcements since early in the pandemic, led by massive federal workforce cuts.NBC News - 4h -
Trump and DOGE Escalate Layoffs of Federal Workers
Federal officials circulated a memo asking agency leaders to plan even more job reductions after thousands of federal workers were fired in recent weeks.The New York Times - Feb. 27 -
UK construction activity falls at fastest pace since 2020
PMI index declines to five-year low as housebuilding plummetsFinancial Times - 7h -
UK asylum claims hit highest level since 1979
More than 108,000 people claimed asylum in the UK in 2024, according to new statistics.BBC News - Feb. 27 -
Copper waiting to leave warehouses hits highest level since 2021
Traders prepare to deliver metal to US before imposition of tariffs as Trump’s plans distort mineral marketsFinancial Times - 5d -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - Feb. 20 -
German borrowing costs soar by most since 1997 on ‘historic’ debt deal
Investors bet on big boost to growth after agreement to increase funding for military and infrastructureFinancial Times - 1d -
Bears announce Ben Johnson's full coaching staff
New Bears head coach Ben Johnson has assembled his full staff for the 2025 season.Yahoo Sports - Feb. 20 -
UK construction in biggest downturn since 2020; recruiters warn of tough business conditions – business live
Dollar slides after US president exempts carmakers from 25% tariffs on Canada and Mexico; euro and sterling reverse earlier gains. The eurozone saw the biggest slump in construction in three months ...The Guardian - 7h -
FDA rehires staff to its medical devices division after mass layoffs
Around 180 FDA medical device workers were laid off earlier this month by DOGE.NBC News - Feb. 24 -
Trump Says E.P.A. Layoffs Will Cut Staff by 65 Percent
The president said Lee Zeldin, the E.P.A. administrator, was planning mass layoffs. Several hours later, White House officials said the president was referring to budget cuts.The New York Times - Feb. 27 -
Federal agencies preparing for large-scale layoffs
Government agencies have been ordered to prepare for extensive layoffs as part of the ongoing initiative by President Trump and Elon Musk to slash the federal workforce.NBC News - Feb. 27 -
Could the federal layoffs impact the Virginia governor race?
Democrats in the state believe the impact being felt by the job cuts on the federal level by the Trump administration might sway voters and flip the governor seat.ABC News - 6d -
'A hot mess': Federal office that resolves surprise medical bills slashed by Trump
Ending surprise medical bills used to be a Trump priority, but he just slashed the federal office working on that.ABC News - 1d -
Georgia Republican faces crowd angered by DOGE layoffs
Rep. Rich McCormick faced a crowd at a town hall in Roswell, Georgia, that expressed anger about the layoffs and cuts implemented by Elon Musk's DOGE team.NBC News - Feb. 21 -
Trump's plans to slash IRS staff could derail agency amid tax season
The IRS is preparing to get rid of half of its workforce, according to two media reports – part of a blitz by the Trump administration to reduce the size and scope of the federal government during ...The Hill - 8h -
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - Feb. 25 -
Duffy announces 'supercharge' of air traffic controller hiring amid staff shortage
Transportation Secretary Sean Duffy said Thursday he would implement plans to create a “supercharge” in air traffic controller staffing amid shortages. “This staffing shortage has been a known ...The Hill - 6d -
Fired Army veteran speaks out about federal layoffs
Army Veteran Nelson Feliz, Sr., who spent more than a decade working for the Department of Veterans Affairs, is speaking out about his experience as one of the many federal workers who was let go ...NBC News - Feb. 21 -
Federal cybersecurity layoffs could leave U.S. vulnerable to hackers
Employees with the Cybersecurity and Infrastructure Security Agency are awaiting more possible layoffs. Some security experts fear this could make the U.S. vulnerable to bad actors. CBS News ...CBS News - Feb. 21 -
Mass federal layoffs deliver a gutting one-two punch to America's veterans
President Donald Trump’s sweeping efforts to purge the federal workforce have dealt a striking one-two punch to an already largely vulnerable population: America’s veterans.NBC News - Feb. 21 -
National parks cutting hours, services amid federal layoffs
National parks across the U.S. face service reductions and staffing shortages due to federal budget cutsThe Hill - Feb. 26 -
Federal layoffs shake up Virginia ahead of 2025 governor's race
ARLINGTON, Va. — Virginia could be one of the states most affected by President Donald Trump's moves to shrink the federal workforce — and this year’s race for governor will test whether the ...NBC News - Feb. 27 -
Wyden, Sanders: Federal layoffs threaten organ transplant system modernization
Sens. Ron Wyden (D-Ore.) and Bernie Sanders (I-Vt.) are expressing concern to Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. that recent layoffs at U.S. health agencies are ...The Hill - 6d -
The Federal Housing Administration could face layoffs — what that may mean for homebuyers
The Federal Housing Administration, a major provider of low-down-payment loan options for first-time homebuyers, is facing a staff cut. What you should know.CNBC - 1d -
The Federal Housing Administration could face layoffs — what that may mean for homebuyers
Tens of thousands of federal workers have lost their jobs in recent weeks as the Trump administration attempts to slash government spending.NBC News - 1d -
Senate Republicans voice DOGE concerns in meeting with White House chief of staff
White House Chief of Staff Susie Wiles worked to alleviate concerns by Senate Republicans Wednesday over Elon Musk’s dismantling of the federal bureaucracy.NBC News - Feb. 27 -
Jobless Claims Rise a Little, But Do Not Yet Reflect DOGE Layoffs
Unemployment claims for the week of Feb. 15 were slightly more than expected, but don’t yet reflect the aggressive efforts of Elon Musk’s group.Inc. - Feb. 20 -
DOGE Email Throws Federal Agencies Into Chaos and Confusion
Across the US government, workers failed to get clear guidance on whether or how to respond to an email asking what they did this week, despite Elon Musk’s claim that their jobs are at risk.Wired - Feb. 23 -
21 federal employees resign in protest over DOGE
Twenty-one employees at Elon Musk's Department of Government Efficiency resigned Tuesday, saying in a letter sent to White House chief of staff Susie Wiles that they "will not lend our expertise to ...CBS News - Feb. 25 -
Federal workers in limbo over DOGE cuts
Federal workers are criticizing layoffs by Elon Musk’s Department of Government Efficiency. 80 percent of the federal workforce is outside of Washington. Meanwhile, Musk is defending his directive ...NBC News - Feb. 26 -
Understanding DOGE's mass firings of federal workers
Several former federal workers fired as a result of the Trump administration's widespread DOGE cuts are expected to attend the president's congressional address Tuesday night at the invitation of ...CBS News - 2d -
Google announces layoffs in its HR, cloud units as part of ongoing cost cuts
The company has begun cutting from units in order to invest more in AI.CNBC - 6d -
Woman uproots life to take job as federal worker, then fired in mass layoffs weeks later
Last month, Katie Sandlin uprooted her life in a small town in Alabama to accept a job at the National Institutes of Health in Washington, D.C. Three weeks later, before she even unpacked her ...CBS News - Feb. 20 -
Trump admin tells federal agencies to make plans for large-scale layoffs of workers
Trump administration tells federal agencies to make plans for large-scale layoffs of workersNBC News - Feb. 26 -
DOGE plans to wind down consumer protection agency and fire nearly all staff, employees say
The Consumer Financial Protection Bureau’s Trump-appointed leadership plans to fire nearly all its 1,700 employees while “winding down” the agency, according to testimony from employees.NBC News - 6d -
Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say
Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum required under law.CNBC - 6d
