Latest in Layoffs Mean Business
Sort by
40 items
-
What Do the Mass IRS Layoffs Mean for Your Business Tax Filings?
The IRS just laid off at least 6,000 employees, which could lead to slower processing times–or lax enforcement.Inc. - 1d -
A Strong Dollar Means Bargains for Americans Traveling Abroad
The dollar’s strength against the euro, the yen and other foreign currencies means bargains for U.S. travelers.The New York Times - 2d -
Is Russia Open for Business — and at What Cost?
Investors seem open to the prospect of peace talks, but Western companies face a dilemma just three years after many retreated from the country.The New York Times - 3d -
Trump layoff plan gets reprieve
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Judge gives Trump go-ahead on mass layoffs A federal judge refused a request from ...The Hill - 1d -
Details on judge's allowance of government layoffs
A federal judge has refused to stop President Trump's mass firings, saying unions representing those workers have to take their claims to the Federal Labor Relations Authority. CBS News senior ...CBS News - 1d -
What does DOGE's IRS shake-up mean for tax season?
DOGE wants access to filers’ data, and the commerce secretary says Trump wants to scrap the IRS. But filing a return remains mandatory — the earlier the better, tax advisers say.NBC News - 1d -
What Would Trump Taking Control of the USPS Mean for You?
Some reports say Trump plans to take control the USPS, possibly to privatize it. Here’s what that could mean for businesses and consumers.Inc. - 1d -
What Alphabet's plan to launch a lower-price YouTube product means for the stock
The emphasis on YouTube subscriptions is a key part of the Alphabet story as it diversifies the company away from advertising.CNBC - 29m -
USDA Layoffs Derail Projects Benefiting American Farmers
The blanket firing of Department of Agriculture scientists has thrown a host of climate science and crop projects into chaos.Wired - 2d -
National Park layoffs impact park goers
As the Trump administration pushes ahead with its drive to overhaul federal agencies, roughly 1,000 employees have been terminated at national parks. NBC News’ Morgan Chesky reports from Yosemite ...NBC 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 - 1d -
Pentagon layoffs paused for now, official says
The Pentagon is pausing the impending cuts to probationary civilian employees that could have affected around 50,000 people working for the Defense Department, a U.S. official tells CBS News. ...CBS News - 1d -
Latest news on Trump administration's mass layoffs
Thousands of Americans who worked as federal employees are out of a job and more cuts are coming after a federal judge allowed the Trump administration's mass layoffs plan to continue. CBS News' ...CBS News - 1d -
Two business leaders in Turkey are questioned after they criticize the government
Prosecutors have questioned two Turkish business leaders after they delivered a scathing criticism of President Recep Tayyip Erdogan’s governmentABC News - 3d -
UK’s development investment arm spent £7mn on business class flights
Criticism of agency’s travel costs and big pay rises comes as pressure grows on aid budgetFinancial Times - 1d -
It’s Trump’s economy now — and businesses are anxious about tariffs and Washington upheaval
A burst of optimism among companies after Donald Trump won the U.S. presidential election has faded as business leaders grapple with potentially negative policies of the new White House.MarketWatch - 1d -
Is Xi’s Sudden Embrace of Business for Real? China Is Left Guessing.
The uncertain reaction to Xi Jinping’s display of warmth made sense: Executives are eager for a reset after years in the cold but ever wary of meddling.The New York Times - 16h -
Emboldened Kremlin Steps Up Efforts to Seize Businesses in Russia
The legal onslaught on Moscow’s second-largest airport has been seen as part of the Kremlin’s wartime drive to seize control of key assets still in private hands.The New York Times - 16h -
The New York Yankees’ repeal of their facial hair policy is simply business
Ending their decades-long ban on facial hair and bringing beards back to the Bronx had to be done to prop up New York’s declining competitive advantage. One of the last vestiges of George ...The Guardian - 11h -
How these Black-owned businesses are keeping Atlanta trailblazer's legacy alive
Black-owned business leaders in Atlanta are finding creative ways to infuse culture and history into their inviting spaces.CBS News - 6h -
Meghan, Duchess of Sussex, Shares Brand Name With Small-Business Owner
The founder of a New York clothing brand learned that he had something in common with the Duchess of Sussex this week: a business called As Ever.The New York Times - 29m -
NBA Defensive Player of the Year odds: What does Victor Wembanyama's injury mean to the award race?
The Defensive Player of the Year race just changed drastically with Wembanyama now out for the seasonCBS Sports - 1d -
How DeepSeek used distillation to train its artificial intelligence model, and what it means for companies such as OpenAI
DeepSeek's sudden emergence has put the AI industry's focus on a technique called distillation.CNBC - 1d -
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. - 2d -
IRS layoffs underway around the country as millions prepare to file taxes
The IRS has begun laying off more than 6,000 new and newly promoted employees across the country as part of the push to slash the federal government, sources say.ABC News - 1d -
How Trump's NIH layoffs upended one probationary staffer's life
Before she had even unpacked her Washington, D.C., apartment after making the move from Alabama, Katie Sandlin became one of thousands of federal probationary workers to be fired.CBS News - 1d -
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 - 1d -
Fired IRS employees slam layoffs as agency makes cuts nationwide
As the IRS fired thousands of workers across the country on Thursday, many laid-off employees walked out of the headquarters in Washington, D.C., for the last time.ABC News - 1d -
Meta approves plan for bigger executive bonuses following 5% layoffs
Meta's executive officers could earn a bonus of 200% of their base salary under the company's new executive bonus plan, up from the 75% they earned previously.CNBC - 1d -
Meta approves plan for bigger executive bonuses following 5% layoffs
Executives at Meta stand to get bigger bonuses this year.NBC News - 1d -
Trump administration mass layoffs can continue, judge rules
A judge allowed the Department of Government Efficiency's federal workforce cuts to continue on Friday. Probationary workers and IRS staff are on the chopping block as the Defense Department ...CBS News - 21h -
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 - 21h -
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 - 23h -
Layoffs hit FAA employees tasked with producing air traffic navigation maps
Terminated probationary employees at the FAA include some who work on the team responsible for producing air traffic navigation maps, sources told ABC News.ABC News - 22h -
How a 30-Something Content Creator Grew a Backyard Gardening Business to More Than $50 Million
A community-driven content creator leveraged YouTube to grow his backyard business into a full-scale enterprise with big-box store ambitions.Inc. - 2d -
Treasury sets March 21 deadline for millions of businesses to report ownership information or risk fines of $10,000 or more
The Treasury Department set a March 21 deadline to report "beneficial ownership information" after a Texas court lifted a block on enforcement.CNBC - 2d -
On This Clothing Brand’s Website, You Can ‘Add to Cart’ the Entire $1.5 Million Business
After 34 years, designer-founder Wendy Mullen, whose first retail clothing shop was in the back of an NYC record shop, is done with online retail.Inc. - 1d -
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 - 1d -
Here's how IRS layoffs could impact your tax filing and refund this season
Thousands of IRS employees are expected to lose their jobs as Elon Musk's Department of Government Efficiency, or DOGE, continues cuts to federal spending.CNBC - 1d -
Trump’s IRS layoffs have some Americans asking: ‘Why bother’ filing taxes this year?
Accountants say some clients are wondering if they should blow off their taxes amid IRS cutbacks.MarketWatch - 7h