Almost half of layoffs this year driven by DOGE: Report
Almost half of all layoffs so far in 2025 have been driven by reductions related to government efficiency (DOGE) efforts to cut government funding and reduce the size of the federal workforce. For a new report Outplacement Challenger, from grey and Christmas. The report shows that “Doge Actions” led to 283,172 job cuts in the […]
Trump tariffs to increase unemployment, but mass layoffs unlikely
Federal Reserve Chairman Jerome Powell said President Trump’s tariffs are higher than expected, increasing the risk of further inflation. President Donald Trump’s tariffs are expected to increase unemployment over the course of the year, but no major layoffs are expected. An allianz economist said in a report released Thursday that he noted an indicator that […]
Trump admin to cut 90 percent of CFPB in latest layoffs: Reports
President Trump’s administration is pushing nearly 90% of Consumer Financial Protection Bureau (CFPB) employees to significantly reduce the watchdog agency formed to protect US consumers from financial fraud and abuse. Approximately 1,500 institution workers are expected to be cut. multiple Outlet Reported on Thursday. This will place around 200 people in the agency. Employees began […]
DOGE Team Stands Firm on Federal Layoffs: ‘Almost No One Has Been Laid Off!’
President Trump's chief adviser and tech entrepreneur Elon Musk, along with personnel from the seven Government Efficiency Bureaus (DOGE), defended the recent departures from the advisory committee, asserting that “lmao no one has been fired.” During an extensive hour-long interview with Fox's Bret Baier on a “special report” featuring Musk, she expressed her perspective on […]
Cleveland-Cliffs announces layoffs of 600 Michigan plant workers
Penn Mutual Asset Management CIO Mark Heppenstoll focuses on the latest move by President Donald Trump to impose a 25% tariff on car imports into the US Steelmaker Cleveland-Cliffs announced this week that it would ignite one of its production plants and fire around 600 workers, citing soft demand for steel used in automobile manufacturing. […]
Hundreds of Canadian steel workers hit with layoffs as Trump’s tariffs squeeze industry
Hundreds of Canadian workers have already been fired from steel factories as President Trump's tariffs narrow the industry. At least 200 members of United Steelworkers, the largest private sector union in North America, have previously lost employment, according to Marty Warren, the group's national director. United Steelworkers has over 225,000 members in Canada. And Canadian […]
‘GMA3’ will stay on air despite speculation over fate after layoffs
ABC News sticks to “GMA3” despite a massive layoff from parent company Disney. Its production staff led to speculation that the third hour of the flagship morning show could be x. Armin Karamemedovich, who took over as president of ABC News last summer, will speak to rattling staff at All Hands Town Hall in New […]
Exclusive | MSNBC bigwigs’ stunning gaffe leaked layoffs plan –
Bungling MSNBC Bigwigs accidentally printed details about Bloodbath of the impending work of a left-leaning network. The production assistant stumbled upon “Killist” at MSNBC's 30 Rock HQ in midtown Manhattan just before the cut was announced on Monday, February 24th. Document detailing the leaked layoff plan was incorrect Printed before cutting. The printed pages viewed […]
Changes in Federal Funding Forces Sesame Workshop to ‘Downsize Significantly’ amid Layoffs
The Sesame Workshop will be “slightly reduced” due to ongoing layoffs, said President and CEO Shelley Rollins Westin on Wednesday. The Westin announced the layoffs in a shared letter to staff on Wednesday, expressing his gratitude for all his past contributions. “Unfortunately, the Sesame Workshop is unsuppressed by the current economic challenges that are inherent […]
US announced job cuts surge 245% in February on federal government layoffs
The “The Big Money Show” panel doubles when Doge emails him, “What did he do last week?” Layoffs for US workers have surged to levels not recorded since the last two recessions amid fears of large-scale Trump administration jobs cuts in federal agencies, cancellation of contracts and widening trade wars. Global Outplacement Firm Challenger report […]