Keyword: layoffs
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There’s an old saying that goes, something that can’t go on forever won’t. Chicago is now in the early stages of learning that this applies to their public school system. They’re facing a massive budget deficit of $734 million and are on pace to lay off almost 1,500 teachers and staffers. Perhaps Mayor Brandon Johnson should have been more focused on delivering the services that American citizen taxpayers paid for and less on the needs of illegal immigrants and Chicago’s ‘sanctuary city’ status. ... Chicago Public Schools parents and community members sounded off on Monday, three days after the district...
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The Supreme Court on Monday allowed President Trump to resume efforts to dismantle the Department of Education in an apparent 6-3 vote along ideological lines, lifting a judge’s order to reinstate employees terminated in mass layoffs. The administration’s victory enables the president to move closer to fulfilling of one of his major campaign promises to oversee the elimination of the the Education Department, which was created in the 1970s. The majority did not explain their reasoning, as is typical in emergency decisions. The court’s three Democratic-appointed justices publicly dissented, calling their colleagues’ ruling “indefensible.” “It hands the Executive the power...
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New CEO Lip-Bu Tan is streamlining Intel’s operations and reducing spending in response to a sharp downturn in sales and technological setbacks that rendered Intel an also-ran in an industry it helped invent. Intel had been firing workers all last week but then Friday evening came word the company plans to lay off nearly 2,400 Oregon workers. Intel’s position in the industry has slumped badly. The company’s market value is around $100 billion, about half what it was just 18 months ago. Nevertheless, the company is hugely important to Oregon as one of its largest private employers. Across the U.S.,...
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The State Department informed U.S.-based employees on Thursday that it would soon begin laying off nearly 2,000 workers after the recent Supreme Court decision allowing the Trump administration to move forward with mass job cuts as part of its efforts to downsize the federal workforce. The agency's reorganization plan was first unveiled in April by Secretary of State Marco Rubio to eliminate functions and offices the department considered to be redundant. In February, President Donald Trump issued an executive order directing Rubio to revamp the foreign service to ensure that the president's foreign policy is "faithfully" implemented. Employees affected by...
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Microsoft says it is laying off about 9,000 workers, its second mass layoff in months and its largest in more than two years. The tech giant began sending out layoff notices Wednesday that hit the company’s Xbox video game business and other divisions. Among those losing their jobs are 830 workers tied to Microsoft’s headquarters in Redmond, Washington, according to a notice sent to state officials Wednesday.
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A new report from the head of the IRS’s Taxpayer Advocate Service shows that the agency has lost more than one-quarter of its workforce since President Donald Trump assumed office.The overhaul is consistent with the administration’s effort to slim down the federal government, but it raises questions about the agency’s readiness for the 2026 tax season.According to the June 25 report, the IRS workforce has dropped from 102,113 employees to 75,702 since January—a roughly 26 percent reduction. The majority of those departures came through voluntary exit programs rolled out by the Department of Government Efficiency (DOGE), a Trump administration initiative...
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Entertainment giant Disney is continuing its campaign of employee layoffs with its latest round of cuts hitting its product and technology division. While Disney insists that the P&T division is critical to its future success, the layoffs nonetheless cut an additional two percent of the company’s workforce, The Wrap reported. This latest round of cost cutting is just one of a long series of cuts lasting several years. Indeed, it isn’t even the first round of layoffs this month. Early this month the company pushed out several hundred workers from its marketing for both film and television, television publicity, and...
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EXCLUSIVE: Major layoffs are underway Monday the Walt Disney Company, with several hundred employees impacted globally, Deadline has learned. The bulk of them are across divisions of Disney Entertainment, including marketing for both film and television as well as television publicity, casting and development. Also affected are Disney’s corporate financial operations. According to sources, the size of the cuts on the film and TV side of Disney Entertainment is comparable. No teams are being eliminated. The majority of the Disney Entertainment Television staffers are said to be based in Los Angeles. Deadline will continue its coverage as more details about...
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CVS says it will close 271 retail locations across the country by the end of the year. The company — the world’s second-largest healthcare provider — announced the move to stockholders late last week as part of an enterprise-wide restructuring plan. The goal, CVS says, is to simplify the organization, improve efficiency, and generate more than $500 million in cost savings in 2025. CVS has not yet released which stores will be affected or when closures will take place. The company currently operates around 9,100 stores across the US. Founded in 1963 in Lowell, Massachusetts, CVS is now headquartered in...
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Verizon announced the termination of its diversity, equity, and inclusion (DEI) policies in a Thursday letter sent to FCC Chairman Brandon Carr. The telecommunications company said it recognized that some of its DEI policies were "discriminatory" and vowed to terminate all company roles focused on DEI effective immediately. This comes after the Trump administration launched a probe into the company over such policies in February. Verizon cited Supreme Court rulings, President Donald Trump's executive orders, and federal mandates for its decision to eliminate DEI from the company. The company will no longer maintain workforce diversity goals and said it would...
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A Redfin analysis shows that the number of homes for sale in Washington, DC, rose at the fastest pace on record last month. Sweeping layoffs of government workers spearheaded by DOGE boosted the figure. DOGE slashed over 200,000 federal jobs in March alone, one analysis found. Widespread layoffs of federal workers are rippling through the housing market of the nation's capital, with Washington, DC, in April seeing the biggest surge in the number of homes for sale ever recorded, data from Redfin shows. Active listings of homes for sale in Washington, DC, soared 25.1% year-over-year in the four weeks leading...
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Shortly after taking office, the Trump administration offered federal employees a deal many couldn’t refuse: resign voluntarily and receive full benefits and paid leave lasting until September.Demonstrators rally outside the U.S. Office of Personnel Management in Washington on Feb. 5, 2025. Nathan Howard/ReutersMore than 75,000 workers eventually accepted the Deferred Resignation Program, or buyout, which came as part of the administration’s broader efforts to shrink the size of the federal bureaucracy. Since the beginning of President Donald Trump’s second term, the government has already laid off hundreds of thousands of federal employees and contractors.As the federal government concludes a second...
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From ancient Rome to modern America, the impulse to wall off economies in times of crisis has proven consistently disastrous. Whether through tariff wars, currency debasement, or autarkic fantasies, economic nationalism has repeatedly triggered collapse -- not recovery Politicising structural economic fundamentals always leads to chaos, as history tells us. In the early 1930s, American President Herbert Hoover faced an agonising decision. The global economy, already reeling from the crash of 1929 and the calamity of the Great Depression, presented Hoover with mounting demands from his supporters for protectionism as a means of shielding the American economy from further harm....
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The layoffs come as the Trump administration continues to shrink the size of the federal workforce through the Department of Government EfficiencyThe Internal Revenue Service (IRS) will slash its workforce by at least 25% beginning Friday with layoffs as the Trump administration continues to shrink the size of the federal government. In addition to the layoffs, the agency said in a letter to employees that it is eliminating its Office of Civil Rights and Compliance, which is responsible for protecting taxpayers from discrimination, audits and investigations. The remaining employees in the division will be transferred to other departments. "In a...
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Layoffs across the U.S. surged 205% in March when compared with a year earlier, with last month's 275,240 job cuts fueled by widespread firings engineered by billionaire Elon Musk's Department of Government Efficiency, or DOGE, according to outplacement firm Challenger, Gray & Christmas... Last month's cuts were led by losses in federal jobs, largely directed by DOGE, with more than 216,000 government employees fired from their jobs in March, Challenger said.
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Federal agencies have accelerated their efforts to cut thousands of jobs, offering buyouts and eliminating entire offices as the Trump administration’s deadline to downsize approaches. At least six federal agencies have in recent days extended a “deferred resignation” offer that was originally pitched to government workers in January as a one-time opportunity that would allow employees to resign but continue to be paid for a period of time.
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A massive wave of job cuts got underway at US health agencies early Tuesday, with some employees receiving early morning emails that their jobs were eliminated and some unable to access the building when they arrived at work... At the Centers for Medicare and Medicaid Services, the entire Office of Equal Opportunity and Civil Rights – which handles issues of diversity, civil rights and a supportive work environment – was let go, according to a former HHS employee. The notices sent to staffers in the office suggested that they contact the former director of the office if they had a...
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Layoff notices began arriving early Tuesday for thousands of employees of the sprawling Department of Health and Human Services and its subsidiary agencies, with as many 10,000 workers potentially expected to be hit by the cuts, including some of the country’s top health officials... Emails went out to affected employees around 5 a.m., but some who hadn’t seen the messages showed up to work only to be turned away, realizing they had lost their jobs because their badges weren’t working, multiple sources told STAT.
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Employees across the massive U.S. Health and Human Services Department began receiving notices of dismissal on Tuesday in an overhaul ultimately expected to lay off up to 10,000 people.... An email viewed by The Associated Press shows some senior-level employees of the Bethesda, Maryland, campus who were placed on leave were offered a possible transfer to the Indian Health Service in locations including Alaska and given until end of Wednesday to respond.
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The Los Angeles Times has delivered another round of layoffs with the outlet’s business side slashed just weeks after 40 newsroom employees accepted buyouts. The Wrap reports the full count isn’t known, citing Oliver Darcy that dozens of employees across the company’s operations and communications sections were let go this week, including Vice President of Communications Hillary Manning. Representatives for the Los Angeles Times didn’t immediately respond to a request for comment from TheWrap.
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