Virginia Democrats ‘asking the wrong question’ amid outrage over DOGE federal workforce cuts, GOP leader says
A top Democrat in the Virginia House of Representatives has sounded the alarm over President-elect Donald Trump's Department of Government Efficiency (DOGE) plan to tell some federal employees, “You're fired,” on the grounds of efficiency. The state's top Senate Republican countered Thursday that the majority party is “asking the wrong questions.” Earlier this week, House […]
Native-born US workforce totals dipped — as immigrant labor figures rose: report
America's workforce is becoming less American. Newly released data Researchers at the Center for Immigration Studies show that fewer native-born Americans are participating in the labor force, and that the largest decline in recent decades has been among men. are sounding the alarm over the decline in the workforce. “The percentage of U.S.-born men of […]
43M Americans Out of Workforce, Migrants Take All Net Job Growth
Foreign-born workers accounted for all of last year's net employment growth, leaving tens of millions of U.S.-born Americans out of the labor market, a new analysis details. . of analysis The Center for Immigration Studies (CIS) study tracks the decline in labor force participation among native-born Americans from 1960 to 2024. This is an alarming […]
Dem Plan Is Amnesty for 13M Illegals to Flood Workforce
Sen. Josh Hawley (R-Missouri) said Democrats want to grant amnesty to about 13 million illegal aliens and flood the U.S. workforce with low-wage foreign workers. , said working and middle-class Americans must compete for jobs. At a Senate Judiciary Committee hearing this week, Hawley lambasted Democratic witnesses for taking a pro-amnesty stance even though a […]
Elon Musk hints at how the DOGE will dismantle massive federal workforce
Tech billionaire Elon Musk reacted to a report showing how many federal employees are actually reporting to work and hinted at actions DOGE may take to reduce the federal budget. . report Found About one-third of federal employees work remotely full-time, while only about 6% of federal employees work in-person on a “full-time basis.” It […]
Wells Fargo to trim Oregon workforce by 700 next year amid office closures in the state – Oregon Public Broadcasting
FILE – A Wells Fargo Bank sign hangs outside a window in New York on January 13, 2021. Wells Fargo leaders notified Oregon officials on Wednesday, Dec. 4, 2024, that office closures next year will affect hundreds of people in the Salem, Hillsboro and Portland areas. Mark Lenihan/Associated Press Wells Fargo will soon lay off […]
Over 10% of South Korea’s workforce is now robotic, survey finds
Anastasia Amoroso, chief investment strategist at iCapital, talks about the sectors investors should avoid on “Making Money.” The World Robotics 2024 annual survey found that just over 10% of South Korea's workforce has been replaced by robots. reportA report released by the International Federation of Robotics (IFR) has found that robotics continues its upward trend […]
Boeing To Lay Off Over 2K Workers As Part Of Plans To Reduce Workforce By 10%
(Photo by Kevin Dietsch/Getty Images) OAN Staff James Myers8:40am – Tuesday, November 19, 2024 Aerospace giant Boeing will lay off more than 2,000 employees in Washington and Oregon, cutting 17,000 jobs, or 10% of its workforce, as part of a major cost-cutting initiative. advertisement Boeing also reported last week that it notified layoffs to 220 […]
AP cutting 8% of workforce as new org shifts focus after election cycle
The Associated Press announced Monday that it will begin an acquisition offer and lay off some employees as part of a plan to reduce its news organization's workforce by about 8% and accelerate its transition to a digital-first organization. The move is part of what is expected to be a gloomy end of the year […]
23andMe cuts 40% of its workforce
Barron's Roundtable panelists discuss the latest headlines about 23andMe and share their top stocks. Genetic testing company 23andMe announced Monday that it will cut its workforce by 40%, or more than 200 people. The job cuts come as 23andMe seeks to restructure to “streamline operations and reduce costs.” “We are taking these difficult but necessary […]