Latest in Slashing Usaid Workforce
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Elon Musk says USAid is ‘beyond repair’ and he is working to shut it down
Billionaire says in social media discussion that Donald Trump agrees the world’s largest single donor should be shut down. Elon Musk, who is heading Donald Trump’s efforts to shrink the federal ...The Guardian - 4d -
Two top security officials at USAID placed on leave, sources say
USAID Director for Security John Vorhees and Deputy Director for Security Brian McGill were put on leave last night, two sources confirmed to CBS News.CBS News - 4d -
USAID leaders escorted out of building after blocking DOGE access to secure systems
Senior officials at the U.S. Agency for International Development (USAID) were placed on administrative leave after they refused to turn over classified material to teams from the Department of ...The Hill - 4d -
Trump: USAID ‘run by a bunch of radical lunatics’ after reports of merger with State Department
President Trump on Sunday slammed the U.S. Agency for International Development (USAID), arguing it is poorly run after recent news reports that he is considering merging the agency with the State ...The Hill - 4d -
Musk calls USAID a 'criminal organization' that should 'die'
Tech billionaire Elon Musk said he believes the U.S. Agency for International Development (USAID) is a “criminal organization” that should “die.” “USAID is a criminal organization. Time for it to ...The Hill - 4d -
Future of USAID uncertain
Sources tell NBC News that more than a thousand civil workers and contractors with USAID have been placed on leave as the agency has become a target of Elon Musk and his Department of Government ...NBC News - 4d -
Rep. Brian Mast says he supports potential plan moving USAID into the State Department
GOP Rep. Brian Mast of Florida, the new chairman of the House Foreign Affairs Committee, tells "Face the Nation with Margaret Brennan" that he is working with Secretary of State Marco Rubio to ...CBS News - 4d -
USAid website offline as Trump moves to put agency under state department
Move would threaten life-saving global humanitarian aid programs, from HIV/Aids treatments to clean water access. The website for the US Agency for International Development, or USAid, appeared to ...The Guardian - 5d -
The future of USAID remains uncertain amid Trump's funding freeze
Just one week after the Trump administration initiated a near-total freeze of U.S. foreign aid, the future of the U.S.NBC News - 5d -
Trump ally Peter Marocco behind evisceration of USAid: ‘He’s a destroyer’
Campaign ally sowed trail of enmity during first Trump presidency and allegedly was present at January 6 riot. The Trump administration’s evisceration of US overseas aid has been presided over by ...The Guardian - 5d -
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture ...ABC News - 6d -
Democrats slam Trump over reports he'll merge USAID with State Department
Democrats on Friday slammed President Trump over recent news reports that he is considering merging the U.S. Agency for International Development (USAID) with the State Department. “It is ...The Hill - 6d -
Senior USAID official ousted after fighting back against removal of career leadership
An order sidelining almost 60 senior career leaders at the U.S. Agency for International Development was temporarily rescinded Thursday by one of the few remaining senior career civil servants with ...NBC News - 6d -
UPS shares tank 14% after weak guidance, plan to slash Amazon deliveries by more than half
UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.CNBC - Jan. 30 -
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by ...NBC News - Jan. 30 -
As Trump seeks to reshape the federal workforce, unions blast Schedule F
Trump executive order that reclassifies career civil servants risks politicizing thousands of government jobs, critics say.CBS News - Jan. 29 -
Germany slashes growth outlook in 'serious' diagnosis of Europe's largest economy
The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.CNBC - Jan. 29 -
Foreign aid freeze leads to USAID staff suspensions, contractor terminations
Approximately 60 senior staff within USAID have been suspended, leaving the agency without clear leadership, five sources familiar with the internal action told CBS News.CBS News - Jan. 28 -
Charities reeling from USAid freeze warn of ‘life or death’ effects
Abrupt order has done ‘serious damage’, say experts, with supply chains halted, HIV clinics struggling to source drugs and refugee camps facing loss of vital services. Clinics in Uganda are ...The Guardian - Jan. 28 -
Trump administration puts about 60 USAid officials on leave after aid freeze
Memo said some actions in agency ‘appeared to be designed to circumvent’ Trump’s orders and ‘America First’ policy. The Trump administration has put on leave about 60 senior career officials at the ...The Guardian - Jan. 28 -
More than 50 career civil servants at USAID are placed on administrative leave
The action targeted senior leadership across the agency, including top lawyers, three sources told NBC News.NBC News - Jan. 28 -
U.S. farm workforce threatened by Trump's deportation plan
About 42% of U.S. farm workers are undocumented, and Trump's plan to deport millions of migrants could uproot the industry's workforce.CBS News - Jan. 25 -
Hugging Face shrinks AI vision models to phone-friendly size, slashing computing costs
Hugging Face's new SmolVLM models run on smartphones, outperform larger systems and slash computing costs by 300X.VentureBeat - Jan. 23 -
Trump urges oil-exporting nations to slash prices
The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.BBC News - Jan. 23 -
LNG exporter Venture Global slashes IPO price range despite President Trump’s pro-energy push
Venture Global is now seeking a more reasonable valuation of about $65 billion, versus earlier plans for about $110 billion.MarketWatch - Jan. 23 -
Trump signs executive orders on federal workforce, free speech
President Trump signed multiple executive orders during his inauguration parade at Capital One Arena on Monday evening, throwing pens to supporters after a signing ceremony. The signings at a small ...The Hill - Jan. 21 -
Trump’s RTO Plans Could Slash Federal Employee Head Count
The threat of DOGE-led job cuts may get further backing as the president vows to require government staffers to work in person five days a week.Inc. - Jan. 20 -
Trump plans barrage of Day 1 executive actions on border, energy, federal workforce
President-elect Trump is planning a barrage of executive actions on energy, the border and immigration enforcement on his first day in office, four sources told The Hill. Stephen Miller, incoming ...The Hill - Jan. 19 -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - Jan. 17 -
BP gave a bleak outlook. Now it’s reportedly slashing jobs.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.MarketWatch - Jan. 16 -
Inside Elon Musk’s Plan for DOGE to Slash Government Costs
Mr. Musk has turned to Silicon Valley to help recruit executives who will take up unofficial positions across the federal government.The New York Times - Jan. 13 -
New rule could slash nicotine levels in tobacco products
The Biden administration is poised to try to lower the amount of nicotine in tobacco products, an eleventh-hour effort that’s been years in the making. The move would give the White House one ...The Hill - Jan. 13 -
Their Social Security benefits were slashed. Now they’re getting hundreds — maybe thousands — of dollars back under new law Biden just signed.
Retired public workers will get check adjustments and retro pay under the recently signed Social Security Fairness Act.MarketWatch - Jan. 11 -
Meta to end programs aimed at diversifying workforce
Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring of diverse candidates, the latest dramatic change ahead of ...NBC News - Jan. 10 -
IGM Biosciences to cut 73% of workforce as latest pivot fails to pan out, sending stock down 69%
IGM Biosciences is again cutting staff as it scraps an autoimmune-drug trial after failing to achieve the desired results.MarketWatch - Jan. 10 -
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‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending
Rep. Val Hoyle (D-Ore.), a member of the new House caucus partnering with President-elect Trump’s announced Department of Government Efficiency, joins Meet the Press NOW to discuss the bipartisan ...NBC News - Jan. 8
