Federal Job Cuts
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US Federal Agencies Ordered To Prepare Major Job Cuts
US federal agencies have been directed to prepare sweeping workforce reduction plans as part of President Donald Trump's Department of Government Efficiency initiative, according to a memo issued Wednesday by top administration officials.
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"Musk Doing A Great Job, Want Him To Be More Aggressive In Reform Push": Trump
US President Donald Trump said Saturday he would like his billionaire advisor Elon Musk to get "more aggressive" in implementing his reform agenda to cut back the federal government.
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Elon Musk's Reaction To Woman Losing "Dream Job" In DOGE Cuts Sparks Discussion
A US woman who once praised the convenience of remote work has lost her job in the federal restructuring spearheaded by Elon Musk.
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2 Million Job Cuts Likely In US As Trump Announces Buyout Offers
The federal employees who leave their posts voluntarily will receive about eight months of salary until September, provided they choose to do so by February 6.
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Sensex, Nifty Slide, Rupee Weakens To Record Low Of Rs 86.27
The share market tumbled in early trade today, after an unexpectedly strong US jobs report dampened expectations of early interest rate cuts by the Federal Reserve, while worries over slowing earnings continued to persist.
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Vivek Ramaswamy Indicates Massive Government Job Cuts In US
Entrepreneur-turned politician Vivek Ramaswamy, who along with Tesla owner Elon Musk has been nominated in-charge of the Department of Government Efficiency, has indicated a massive cut in federal government jobs in the United States.
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Kamala Harris Says She Will Cut Degree Requirements For Certain Federal Job
US Vice President Kamala Harris said on Friday she will cut college degree requirements for certain federal jobs if elected president after the Nov. 5 elections in which she faces Republican former President Donald Trump.
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Donald Trump's Son Suggests Federal Job For Elon Musk: "Can't Imagine A Better Person"
Mr Musk himself seemed to be angling for a position under a potential Trump administration, indicating that he would like to be on a committee that cuts costs.
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Apple Shares Weaken After Warning of Dull Holiday Quarter
Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a US jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve. The stock was down 1.5 percent in early trading, having fallen more than 3 percent before the bell.
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Twitter Asks Court To Dismiss Discrimination Lawsuit Over Layoffs
Twitter Inc has asked a federal judge in California to toss out a proposed class action claiming the mandate by CEO Elon Musk that employees return to the office and put in "long hours at high intensity" discriminates against workers with disabilitie
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Twitter Sued in Class Action Lawsuit Over Mass Layoffs by Elon Musk Without Enough Notice
Twitter has been sued over the microblogging service's plan to cut about 3,700 jobs at the social media platform, without enough notice as required under US federal and California law, in a class action lawsuit on Thursday. The company plans to start cutting staff on Friday, it revealed to employees in an email. However, the The federal Worker Adju...
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Tesla Sued For Job Cuts By Former Employees
Former Tesla employees have filed a lawsuit against the USelectric car company alleging its decision to carry out "mass layoff" violated federal law
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US Fed Holds Rates Steady, Expects Portfolio Cuts "Relatively Soon"
In a statement following a two-day policy meeting, the U.S. central bank's rate-setting committee indicated the economy was growing moderately and job gains had been solid.
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Fed May Stay Cool On September Hike Even If Job Market Glows Hot
Even if a report due Friday shows U.S. companies kept up their rapid pace of hiring in August, there is still enough resistance among policymakers at the Federal Reserve to delay an interest-rate hike at the bank's September meeting.
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Apple's Sapphire Glass Supplier GT Advanced to Cut 727 Jobs in Arizona
The company on Thursday announced its layoff plans for the Mesa plant as required by the federal Worker Adjustment and Retraining Notification Act.
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US Federal Agencies Ordered To Prepare Major Job Cuts
US federal agencies have been directed to prepare sweeping workforce reduction plans as part of President Donald Trump's Department of Government Efficiency initiative, according to a memo issued Wednesday by top administration officials.
-
"Musk Doing A Great Job, Want Him To Be More Aggressive In Reform Push": Trump
US President Donald Trump said Saturday he would like his billionaire advisor Elon Musk to get "more aggressive" in implementing his reform agenda to cut back the federal government.
-
Elon Musk's Reaction To Woman Losing "Dream Job" In DOGE Cuts Sparks Discussion
A US woman who once praised the convenience of remote work has lost her job in the federal restructuring spearheaded by Elon Musk.
-
2 Million Job Cuts Likely In US As Trump Announces Buyout Offers
The federal employees who leave their posts voluntarily will receive about eight months of salary until September, provided they choose to do so by February 6.
-
Sensex, Nifty Slide, Rupee Weakens To Record Low Of Rs 86.27
The share market tumbled in early trade today, after an unexpectedly strong US jobs report dampened expectations of early interest rate cuts by the Federal Reserve, while worries over slowing earnings continued to persist.
-
Vivek Ramaswamy Indicates Massive Government Job Cuts In US
Entrepreneur-turned politician Vivek Ramaswamy, who along with Tesla owner Elon Musk has been nominated in-charge of the Department of Government Efficiency, has indicated a massive cut in federal government jobs in the United States.
-
Kamala Harris Says She Will Cut Degree Requirements For Certain Federal Job
US Vice President Kamala Harris said on Friday she will cut college degree requirements for certain federal jobs if elected president after the Nov. 5 elections in which she faces Republican former President Donald Trump.
-
Donald Trump's Son Suggests Federal Job For Elon Musk: "Can't Imagine A Better Person"
Mr Musk himself seemed to be angling for a position under a potential Trump administration, indicating that he would like to be on a committee that cuts costs.
-
Apple Shares Weaken After Warning of Dull Holiday Quarter
Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a US jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve. The stock was down 1.5 percent in early trading, having fallen more than 3 percent before the bell.
-
Twitter Asks Court To Dismiss Discrimination Lawsuit Over Layoffs
Twitter Inc has asked a federal judge in California to toss out a proposed class action claiming the mandate by CEO Elon Musk that employees return to the office and put in "long hours at high intensity" discriminates against workers with disabilitie
-
Twitter Sued in Class Action Lawsuit Over Mass Layoffs by Elon Musk Without Enough Notice
Twitter has been sued over the microblogging service's plan to cut about 3,700 jobs at the social media platform, without enough notice as required under US federal and California law, in a class action lawsuit on Thursday. The company plans to start cutting staff on Friday, it revealed to employees in an email. However, the The federal Worker Adju...
-
Tesla Sued For Job Cuts By Former Employees
Former Tesla employees have filed a lawsuit against the USelectric car company alleging its decision to carry out "mass layoff" violated federal law
-
US Fed Holds Rates Steady, Expects Portfolio Cuts "Relatively Soon"
In a statement following a two-day policy meeting, the U.S. central bank's rate-setting committee indicated the economy was growing moderately and job gains had been solid.
-
Fed May Stay Cool On September Hike Even If Job Market Glows Hot
Even if a report due Friday shows U.S. companies kept up their rapid pace of hiring in August, there is still enough resistance among policymakers at the Federal Reserve to delay an interest-rate hike at the bank's September meeting.
-
Apple's Sapphire Glass Supplier GT Advanced to Cut 727 Jobs in Arizona
The company on Thursday announced its layoff plans for the Mesa plant as required by the federal Worker Adjustment and Retraining Notification Act.
