Layoffs spiked in February, led by DOGE cuts

Layoffs spiked in February, led by the Department of Government Efficiency cuts. Employers cut about 172,000 jobs last month, according to the firm Challenger, Gray and Christmas. That's the highest number of layoffs per month since the height of the pandemic in July 2020. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.

Topics

Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation

Steve Bannon said the Department of Government Efficiency (DOGE) should adjust their goal of cutting trillions of dollars in federal waste and lower the proposed amount to the billion dollar ...
The Hill - 7h
Sources: Gap in money led to Marchand trade

The Bruins put a three-year deal on the table for Brad Marchand in February, but the sides had different perspectives on money, leading to his trade to the Panthers, sources told ESPN.
ESPN - 1h
DOGE Is Putting Major Government Efficiency Projects at Risk

In its apparent quest to cut government spending and improve efficiency, DOGE has fired entire tech teams devoted to those very things.
Wired - 1d
Senate Republicans tell Musk to send his cuts to Congress

The DOGE chief was told that legislative action could enshrine his slashing.
Politico - 3d
DOGE Cuts Upend Trump-Voting West Virginia Town

‘Nobody that I’ve talked to understood the devastation that having this administration in office would do to our lives,’ said one fired Treasury Department worker in Parkersburg.
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 - 1d
U.S. payroll growth totals 151,000 in February, less than expected

Nonfarm payrolls were expected to increase 170,000 in February, according to the Dow Jones consensus forecast.
CNBC - 1d
Elon Musk’s DOGE Calls in U.S. Marshals When a Small Agency Refuses to Share Data

The U.S. African Development Foundation refused to let DOGE members into its offices. DOGE returned with law enforcement.
Inc. - 1d
Fentanyl exposure among U.S. children spiked over the past decade: Study

The majority of fentanyl exposure cases among teens was characterized as intentional misuse or abuse, according to the study published in the American Journal of Drug and Alcohol Abuse.
CBS News - 1h
DOGE Has Deployed Its GSAi Custom Chatbot for 1,500 Federal Workers

Elon Musk’s DOGE team is automating tasks as it continues its purge of the federal workforce.
Wired - 1d

Layoffs spiked in February, led by DOGE cuts

Topics

Related

Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation

Sources: Gap in money led to Marchand trade

DOGE Is Putting Major Government Efficiency Projects at Risk

Senate Republicans tell Musk to send his cuts to Congress

DOGE Cuts Upend Trump-Voting West Virginia Town

Here’s where the jobs are for February 2025 – in one chart

U.S. payroll growth totals 151,000 in February, less than expected

Elon Musk’s DOGE Calls in U.S. Marshals When a Small Agency Refuses to Share Data

Fentanyl exposure among U.S. children spiked over the past decade: Study

DOGE Has Deployed Its GSAi Custom Chatbot for 1,500 Federal Workers

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