Latest in Doge Slashes
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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 - 11h -
NOAA set to slash jobs 'imminently'
Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) “imminently,” a source with knowledge told The Hill. The person, who asked to speak anonymously due to fear of ...The Hill - Feb. 21 -
Tech cash flows to the US and VinFast slashes prices
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial TimesFinancial Times - 16h -
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 -
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Starbucks Slashes 1,100 Corporate Jobs as Chain Pushes Turnaround Effort
The coffee chain has shuffled senior leadership, trimmed its menu, and is doing non-barista layoffs as it seeks to return to a growth trajectory.Inc. - Feb. 24 -
Trump and Musk's slash-and-burn tactics are a sticking point in talks to prevent a shutdown
President Donald Trump and his billionaire adviser Elon Musk are taking a hatchet to federal agencies, using executive power to impose spending and job cuts that have sparked a polarizing debate in ...NBC News - Feb. 26 -
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas productionABC News - Feb. 26 -
USAID cuts are just the start of Trump, Musk plan to slash agency spending
The dismantling of the United States Agency for International Development (USAID) appears to be the beginning of President Trump's efforts to instill massive cuts across federal agencies. CBS News' ...CBS News - Feb. 27 -
Trump Administration Pushes to Slash I.R.S. Work Force in Half
Losing half of its employees would severely strap the I.R.S., meaning Americans may have to wait longer to receive tax refunds.The New York Times - 1d -
'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 -
Novo Nordisk slashes Wegovy prices through direct-to-consumer pharmacy
Pharmaceutical manufacturer Novo Nordisk on Wednesday announced it will be offering a direct-to-patient program for uninsured and underinsured individuals to be able to pay cash for its weight loss ...The Hill - 1d -
Warren Buffett, warning of ‘scoundrels’ and ‘fiscal folly,’ slashes his exposure to U.S. stocks
Instead, the “Oracle of Omaha” has become a “committed” and “long-term” investor in a handful of Japanese companies.MarketWatch - Feb. 23 -
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 -
Starmer defends slashing aid budget to raise defence spending to 2.5% of GDP - UK politics live
Keir Starmer says now is the time to deepen European security, as he announces new defence budget by 2027. The rightwing historian Niall Ferguson is in the audience for Badenoch’s speech, ...The Guardian - Feb. 25 -
Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.CNBC - Feb. 26 -
Slashing Medicaid to Pay for Trump’s Tax Cuts Could Lead to Vast State Shortfalls
Republicans have proposed lowering the federal share of costs for Medicaid expansions, which could reshape the program by gutting one of the Affordable Care Act’s major provisions.The New York Times - Feb. 26 -
Saudi oil giant Aramco posts drop in full-year profit, slashes dividend
Saudi state oil producer Aramco reported a decline in net profit in 2024 and warned of a dividend cut.CNBC - 2d -
One AI Healthcare App Already Shows Benefits — By Slashing Doctors’ Office Drudgery
The Dragon Copilot AI app transforms clinicians’ questions and observations during consultations into data-enriched notes, summaries, and referrals — saving healthcare professionals hours of weekly ...Inc. - 2d -
Border Patrol slashed tires, detained legal residents in 'fishing expedition,' lawsuit alleges
An operation in Northern California led to arrests and removals of people regardless of citizenship or status, a recent lawsuit against Homeland Security and Border Patrol alleges.NBC News - 2d -
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 - 14h -
Former Trump VA secretary: 'I don't know any system that slashes its way to excellence'
Former Secretary of Veterans Affairs David Shulkin said Thursday he did not “know any system that slashes its way to excellence” following Department of Veterans Affairs (VA) head Doug Collins's ...The Hill - 5h -
The Incompetence of DOGE Is a Feature, Not a Bug
A series of mistakes by DOGE shows just how arbitrary and destructive this slash-and-burn strategy can get.Wired - Feb. 20 -
Doge versus business
Fair competition, regulatory certainty, industry subsidies and financial security are all under attackFinancial Times - Feb. 24 -
DOGE’s Chaos Reaches Antarctica
Daily life at US-run Antarctic stations has already been disrupted. Scientists worry that the long-term impacts could upend not only important research but the continent’s delicate geopolitics.Wired - Feb. 27 -
DOGE Is the Deep State
A shadowy group of unelected figures reshaping the federal government to their own benefit from the inside? Sounds familiar!Wired - 6h -
Not Even DOGE Employees Know Who's Legally Running DOGE
Despite all appearances, the White House insists that Elon Musk is not in charge of DOGE. US DOGE Service employees can’t get a straight answer about who is.Wired - Feb. 18 -
Watchdog group sues for DOGE records
"The public must have insight into the operations of the Department of Government Efficiency," the watchdog group's executive director said.CBS News - Feb. 21 -
DOGE's Misplaced War on Software Licenses
DOGE claims that a government agency has nearly three times as many software licenses as employees. Experts say there are plenty of good reasons for that.Wired - 6d -
Doge snaps at the ankles of government consultants
After wielding a chainsaw to the federal budget, managing consulting contracts may be next on the chopping blockFinancial Times - 2d -
DOGE is operating within a bubble of lawlessness
Compounding the problem is the government’s inconsistent positions on what DOGE is and who is in charge of it.The Hill - 1d -
A Trump DOGE Dividend Could Raise Inflation
President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.The New York Times - Feb. 20 -
Elon Musk Is Focused on DOGE. What About Tesla?
Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.The New York Times - Feb. 20 -
The Watergate-Inspired Law That’s Being Used to Fight DOGE
Here's how the 1974 Privacy Act is being used in legal battles against DOGE—and how you can protect yourself from government surveillance.Wired - Feb. 20 -
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 -
DOGE Sparks Surveillance Fear Across the US Government
The US government has increased the use of monitoring tools over the past decade. But President Donald Trump’s employee purges are making workers worry about how their data could be abused.Wired - Feb. 21 -
Musk wields his Doge chainsaw - but is a backlash brewing?
Facing constituents angry about the impact of sweeping government job cuts, some Republicans are expressing concern.BBC News - Feb. 21