Latest in Buyouts Job Cuts
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Interior offers employee buyouts as job cuts loom
The Interior Department will offer buyouts to some employees as it eyes major staffing cuts. In a notice obtained by The Hill, employees were told they could apply for voluntary early retirement or ...The Hill - 20h -
Pentagon aims to cut up to 60,000 civilian jobs through buyouts, attrition
The Pentagon plans to cut 50,000 to 60,000 civilian jobs over the next several months via voluntary resignations and not replacing workers who leave, a senior defense official confirmed Tuesday. ...The Hill - 15h -
HHS sends all employees a $25,000 voluntary buyout offer
Health and Human Services employees were offered voluntary buyouts to resign from their jobs on Friday night, according to a person who received the email and an administration official.NBC News - Mar. 8 -
VA secretary: Cutting 80,000 jobs ‘is our target’
Veterans Affairs Secretary Doug Collins said his agency is looking to cut 80,000 jobs as their “target” to slim the agency’s workforce. Collins joined Fox & Friends on Monday, where he was pressed ...The Hill - Mar. 10 -
NOAA and National Weather Service job cuts raise concerns about forecasts
A hurricane modeling specialist fired from the National Weather Service said progress on forecast accuracy may "go backwards" if job cuts continue.CBS News - Mar. 11 -
What kind of jobs will be impacted by AI?
Last week, online furniture retailer Wayfair announced it would increase its use of generative artificial intelligence and cut 340 tech jobs. It reflects an increase in businesses and companies ...CBS News - Mar. 11 -
Here’s how many Social Security workers are taking a buyout — so far
The Social Security Administration announced earlier this year it intended to cut its 57,000-person workforce by about 12%.MarketWatch - 21h -
‘Calm today, but turbulence ahead’: U.S. job openings show stable labor market ahead of Trump job cuts and tariffs
Job openings in the U.S. rose slightly in January, but far fewer companies are hiring compared with a few years ago, and it’s taking people a lot longer to find work.MarketWatch - Mar. 11 -
DOGE Cuts Reach Key Nuclear Scientists, Bomb Engineers and Safety Experts
Firings and buyouts hit the top-secret National Nuclear Security Administration amid a major effort to upgrade America’s nuclear arsenal. Critics say it shows the consequences of heedlessly cutting ...The New York Times - 2d -
Americans confront GOP lawmakers over federal job cuts and economy at town halls
Republicans in Congress are facing backlash at town hall events as voters voice concerns over deep federal job cuts and the state of the economy under President Trump and Elon Musk's policies. Some ...CBS News - 4d -
Education Department cutting nearly 50% of workforce
The Department of Education said staff affected by the job cuts would be placed on leave starting Friday, March 21.CBS News - Mar. 12 -
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New poll shows Trump with highest job approval, but early challenges on the economy
A new NBC News poll shows President Trump with a job approval rating as high as he’s ever had. But doubts loom in voters' minds, especially over the economy and government cuts. NBC News’ Yamiche ...NBC News - 2d -
Are Schools Succeeding? Education Department Cuts Could Make It Hard to Know.
At least 800 education department research employees and outside partners have lost jobs. The cuts will decimate research and data collection.The New York Times - 6d -
Department of Education offices closed for "security reasons" after major job cuts announced
Offices at the Department of Education are closed Wednesday for "security reasons" after the announcement that nearly half the department's staff would lose their jobs. CBS News congressional ...CBS News - 6d -
HHS sends employees a $25K voluntary buyout offer
The Department of Health and Human Services (HHS) offered its 80,000 employees a $25,000 buyout offer as part of President Trump’s plan to scale back government spending. Workers can opt into the ...The Hill - Mar. 9 -
Jobs lost and lifesaving cures not discovered: Possible impacts of research cuts
Ripple effects of the Trump administration's crackdown on U.S. medical research promise to reach every corner of AmericaABC News - Mar. 6 -
Union for Education Department workers reacts to sweeping job cuts
The Trump administration is placing more than a thousand Department of Education workers on leave beginning March 21. American Federation of Government Employees Local 252 President Sheria Smith, ...CBS News - 6d -
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Mortgage Giants Fannie Mae and Freddie Mac Brace for Job Cuts
William Pulte, the new director of the Federal Housing Finance Agency, is consolidating control over Fannie Mae and Freddie Mac and questioning employees’ productivity.The New York Times - 17h -
How major cuts at Johns Hopkins could impact public health
Major health research institution Johns Hopkins University says it is eliminating more than 2,000 jobs after the Trump administration cut $800 million in funding from the United States Agency for ...CBS News - 1d -
NASA Eliminates Chief Scientist and Other Jobs at Its Headquarters
About 19 positions will be cut, including those in offices focused on technology policy and diversity, equity and inclusion.The New York Times - Mar. 11 -
Top 10 Most Expensive Video Game Buyouts Of All Time
Big deals. Many mature industries trend toward consolidation as time goes on, and the video game business is no different. Big companies are bought and sold for massive sums of money. But what ...GameSpot - Mar. 12 -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - Mar. 7 -
US weather agency job cuts could jeopardise climate risk data, insurers warn
Reinsurance trade group lobbies US commerce secretary about potential impact to monitoring hurricanes and drought conditionsFinancial Times - 5d -
Stand Up for Science Rally Sees Mix of Science, Politics and Anxiety
Thousands of protesters gathered in Washington for Stand Up for Science, a rally in response to President Trump’s federal-funding and job cuts.The New York Times - Mar. 9 -
Trump defends cuts to federal workforce and Department of Education
President Trump said he felt "very badly" for the federal workers who have lost their jobs under his administration but defended the decision by claiming "many of them don't work at all." Trump ...NBC News - 6d -
Johns Hopkins University to let more than 2,000 workers go after Trump's USAID cuts
Johns Hopkins University said it would eliminate more than 2,000 jobs after the Trump administration rescinded funding for thousands of international aid projects.NBC News - 4d -
Private equity could lift UK property out of the bargain basement
There is not much to impede the assault by nimble buyout firmsFinancial Times - Mar. 10 -
Nissan, Facing Mounting Challenges, Replaces Its C.E.O.
The automaker said on Tuesday that Makoto Uchida would step down. The company has said it would slash global production capacity and cut thousands of jobs.The New York Times - Mar. 11 -
2025 NCAA tournament: What you need to know about the South region
After a season chock-full of playing (and mostly beating) NCAA tournament teams, will Auburn finish the job and cut down the nets in San Antonio?Yahoo Sports - 1d -
Consumer Spending Rose Weakly in February
Tepid gains after a January dropoff indicate growing caution among U.S. shoppers amid stock market plunges and DOGE job cuts.Inc. - 1d -
Here’s where the jobs are for February 2025 – in one chart
February marked another strong month for health care despite job growth overall coming in weaker than expected but stable.CNBC - Mar. 7 -
WATCH: 92-year-old grandpa does the most adorable thing for his granddaughter
Candace Castellanos has what she calls "a very Gen Z" job. So when her grandfather John sent her an article related to it, cut out from a newspaper, she was emotional to see he understood.ABC News - 4d -
Steve Kornacki: Voters sour on Trump’s handling of the economy in NBC News poll
A new NBC News poll shows President Donald Trump with a job approval rating as high as he’s ever had. But doubts loom in voters’ minds, especially over the economy and government cuts, NBC News ...NBC News - 3d -
What does the first job report under Trump mean for the economy?
A new jobs report released Friday shows 151,000 new jobs were added last month short of the 170,000 jobs expected. The early data does not yet take into account the mass layoffs across the federal ...NBC News - Mar. 8 -
All HHS workers given $25,000 voluntary buyout offer, source says
All employees in the U.S. Department of Health and Human Services were notified Friday of the option to voluntarily resign in exchange for a $25,000 payment.CBS News - Mar. 8 -
HHS offers buyout option for workers who quit, source says
All employees at the U.S. Department of Health and Human Services received an offer of a $25,000 payment if they choose to voluntarily resign, a source familiar with the situation told CBS News. ...CBS News - Mar. 10
