Latest in Slash I.r.s Work
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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 -
Elon Musk Zeroes In on the I.R.S.
The tech mogul’s cost-cutting initiative is seeking sensitive taxpayer data, drawing concerns about privacy, potential political retribution and more.The New York Times - Feb. 18 -
Acting I.R.S. Commissioner Doug O’Donnell to Announce Retirement
Doug O’Donnell, a 40-year veteran of the I.R.S., was elevated last month after the last commissioner stepped down at the beginning of President Trump’s term.The New York Times - Feb. 25 -
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 -
I.R.S. Fires 6,700 Employees Amid Tax Filing Season
The layoffs at the Internal Revenue Service came alongside additional firings at the Transportation Security Administration and the C.I.A.The New York Times - Feb. 21 -
What to Know About Filing Your Tax Return as the I.R.S. Sheds Workers
How to avoid delays, check the status of refunds and contact the Internal Revenue Service with problems.The New York Times - 6d -
Trump Just Fired 6,700 I.R.S. Workers in the Middle of Tax Season. That’s a Huge Mistake.
The Trump administration’s decision to fire over 6,000 I.R.S. workers will make the government less effective and less efficient, not more.The New York Times - Feb. 24 -
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 - 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 - 12h -
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 - 8h -
How do tariffs work?
President Trump has followed through on his threat to place tariffs on goods from Canada and Mexico and he's increased the tariffs already in place against China. CBS News business analyst Jill ...CBS News - 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 - 1d -
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. - 1d -
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 - 1d -
The international mini-contest format worked for hockey. Could it work for the NBA or MLB?
The NHL scored big by going global to fight midseason doldrums, leaving North America's other major pro sports leagues to ponder what they could do to re-energize their dreary all-star breaks.NBC News - 5d -
Pope in critical condition but ‘resumed work’
Pope Francis' resumes work but he is still in critical condition according to the Vatican. Fears have been growing about the pontiff’s condition after he was admitted to the hospital on Feb. 14, ...NBC News - Feb. 24 -
These Are the SpaceX Engineers Already Working Inside the FAA
SpaceX engineers were said to be simply touring the Federal Aviation Administration on Monday. In fact, some were already being onboarded at the agency under a policy designed to increase ...Wired - Feb. 19 -
Is Standing at Work All Day an Occupational Hazard?
A recent report from the National Institute for Occupational Safety and Health details numerous negative effects from being on your feet for long periods, including low back pain, fatigue, muscle ...Inc. - Feb. 20 -
Global Counsel cleared of failing to disclose Qatari work
Ruling on advisory firm likely to renew criticism of disclosure exemption for foreign subsidiariesFinancial Times - Feb. 21 -
Lionesses have 'lots to work on' but Wiegman 'not concerned'
Is there reason to be concerned by the Lionesses' form or is there enough to suggest England are on the right path?BBC News - Feb. 22 -
The impact of President Trump, DOGE's work to shutter the CFPB
The Consumer Financial Protection Bureau, a watchdog agency created to protect consumers, is under fire by President Trump and DOGE. Its new head ordered work to stop and funding to end.CBS News - Feb. 23 -
Sources: QB Sanders won't work out at combine
Colorado quarterback Shedeur Sanders will not work out at the scouting combine in Indianapolis this week, sources confirmed to ESPN.ESPN - Feb. 24 -
Late Night Laughs at DOGE’s Work Force Demand
“It’s like the government is being run by BuzzFeed,” Jimmy Kimmel said on Monday about Elon Musk’s work-tracking request to federal employees.The New York Times - Feb. 25 -
Will the working-class GOP really cut health insurance?
Budget chicanery begets more budget chicanery. About this time in 2010, Democrats were trying every procedural and accounting trick they could conjure to push ObamaCare through a restive Congress. ...The Hill - Feb. 25 -
Will a ‘user fee’ on US Treasuries actually work?
Taking another look at the mooted Mar-a-Lago AccordFinancial Times - Feb. 25 -
Moving fast and breaking things doesn't work in government
Breaking a social media company is not like dismantling the infrastructure, social programs or oversight mechanisms of one of the largest and most powerful countries in the world.The Hill - Feb. 25 -
Pass rusher Carter won't work out at combine
Penn State defensive end/outside linebacker Abdul Carter will not work out at the NFL's scouting combine this week because of a shoulder injury.ESPN - Feb. 25