Us Mass Layoffs
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All Local Workers, US Diplomats To Be Fired From USAID: Report
Elon Musk's cost-cutting team is finalizing the dismantlement of the US Agency for International Development, ordering the firings of thousands of local workers and American diplomats and civil servants assigned to the agency overseas, reports say.
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Jack Dorsey's Fintech Firm Block Cuts Over 900 Jobs: "Want To Give You Straight Facts"
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's staff, on Tuesday, TechCrunch reported.
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Trump's Team Begins Mass Layoffs At US-Funded News Agency 'Voice Of America'
President Donald Trump's administration on Sunday began mass layoffs at Voice of America and other US-funded media, making clear its intent to gut outlets long seen as critical for US influence.
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UN Migration Agency Lays Off Around 20% Headquarter Staff Amid US Aid Cuts: Report
The UN migration agency, which has been hit hard by US foreign aid cuts, has launched more mass layoffs, impacting around a fifth of staff at its Geneva headquarters, employees said Friday.
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US Agencies Face Deadline Today To Submit Mass Layoff Plans
The potential scale of President Donald Trump's efforts to shrink the U.S. federal government could become clearer on Thursday, the deadline for government agencies to submit plans for a second wave of mass layoffs and to slash their budgets.
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Meta Increases Executive Bonuses By Up To 200% After Mass Layoffs
Days after laying off 3,600 employees, tech giant Meta is set to offer bigger bonuses to its executives this year.
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How Trump 2.0 Fired Federal Workers Over Teams Meet, Gave 30 Minutes To Leave
The large-scale layoff strategy is led by Elon Musk's "department of government efficiency," which aims to cut costs by downsizing the federal government.
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US Judge Says Elon Musk's X Must Face Class Action Age Bias Claims Over Mass Layoff
A US District Judge has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination.
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US Industrial Company 3M To Lay Off 6,000 People Worldwide
The company anticipates annual pre-tax savings of $700 million to $900 million upon completion of cost-cutting actions.
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For Silicon Valley Startups, The Worst Is Yet To Come
The startup world has had a tough year - plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank. But many in tech believe that the worst is yet to come.
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Sacked H1-B Visa Holders Have Options Other Than Leaving: US
Amid mass layoffs in the tech sector, the federal agency for immigration services has said it is wrong to assume that sacked workers holding the much-sought-after H-1B visas have to leave the country within 60 days.
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"Layoffs Near Record Lows, Economic Growth Stable": White House
As mass layoffs hit the US, especially the IT sector, White House has said the economy is growing steadily and Washington understands the impact of job cuts.
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Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs
As part of its plan to cut 18,000 jobs company-wide, Amazon will be laying off employees in the US, Canada, and Costa Rica by the end of Wednesday. The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
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Woman Who Appeared In Netflix's 'Indian Matchmaking' Laid Off By Meta
Surbhi Gupta, an engineer from India who appeared in Netflix's popular show 'Indian Matchmaking', was among the thousands of employees sacked by Facebook's parent company Meta last month, BBC reported.
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Layoffs Hurt Indians Most Amid 195-Year Wait For Green Card
Mass tech layoffs have left hundreds of workers living in the US on temporary visas with little time to find another job, or they'll have to leave the country.
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All Local Workers, US Diplomats To Be Fired From USAID: Report
Elon Musk's cost-cutting team is finalizing the dismantlement of the US Agency for International Development, ordering the firings of thousands of local workers and American diplomats and civil servants assigned to the agency overseas, reports say.
-
Jack Dorsey's Fintech Firm Block Cuts Over 900 Jobs: "Want To Give You Straight Facts"
Block, the financial technology company co-founded by Jack Dorsey, has laid off over 900 people, roughly 8% of the company's staff, on Tuesday, TechCrunch reported.
-
Trump's Team Begins Mass Layoffs At US-Funded News Agency 'Voice Of America'
President Donald Trump's administration on Sunday began mass layoffs at Voice of America and other US-funded media, making clear its intent to gut outlets long seen as critical for US influence.
-
UN Migration Agency Lays Off Around 20% Headquarter Staff Amid US Aid Cuts: Report
The UN migration agency, which has been hit hard by US foreign aid cuts, has launched more mass layoffs, impacting around a fifth of staff at its Geneva headquarters, employees said Friday.
-
US Agencies Face Deadline Today To Submit Mass Layoff Plans
The potential scale of President Donald Trump's efforts to shrink the U.S. federal government could become clearer on Thursday, the deadline for government agencies to submit plans for a second wave of mass layoffs and to slash their budgets.
-
Meta Increases Executive Bonuses By Up To 200% After Mass Layoffs
Days after laying off 3,600 employees, tech giant Meta is set to offer bigger bonuses to its executives this year.
-
How Trump 2.0 Fired Federal Workers Over Teams Meet, Gave 30 Minutes To Leave
The large-scale layoff strategy is led by Elon Musk's "department of government efficiency," which aims to cut costs by downsizing the federal government.
-
US Judge Says Elon Musk's X Must Face Class Action Age Bias Claims Over Mass Layoff
A US District Judge has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired the company can sue for age discrimination.
-
US Industrial Company 3M To Lay Off 6,000 People Worldwide
The company anticipates annual pre-tax savings of $700 million to $900 million upon completion of cost-cutting actions.
-
For Silicon Valley Startups, The Worst Is Yet To Come
The startup world has had a tough year - plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank. But many in tech believe that the worst is yet to come.
-
Sacked H1-B Visa Holders Have Options Other Than Leaving: US
Amid mass layoffs in the tech sector, the federal agency for immigration services has said it is wrong to assume that sacked workers holding the much-sought-after H-1B visas have to leave the country within 60 days.
-
"Layoffs Near Record Lows, Economic Growth Stable": White House
As mass layoffs hit the US, especially the IT sector, White House has said the economy is growing steadily and Washington understands the impact of job cuts.
-
Amazon to Cut Jobs in US, Canada, Costa Rica as Part of Mass Layoffs
As part of its plan to cut 18,000 jobs company-wide, Amazon will be laying off employees in the US, Canada, and Costa Rica by the end of Wednesday. The layoffs are the latest in the U.S. technology sector, with companies cutting their bloated workforce and slashing costs to reverse pandemic-era excesses and prepare for a worsening global economy.
-
Woman Who Appeared In Netflix's 'Indian Matchmaking' Laid Off By Meta
Surbhi Gupta, an engineer from India who appeared in Netflix's popular show 'Indian Matchmaking', was among the thousands of employees sacked by Facebook's parent company Meta last month, BBC reported.
-
Layoffs Hurt Indians Most Amid 195-Year Wait For Green Card
Mass tech layoffs have left hundreds of workers living in the US on temporary visas with little time to find another job, or they'll have to leave the country.
