Tag #Layoffs

Showing 97 to 108 of 173 results

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Southwest Airlines Announces 1,750 Layoffs

Southwest Airlines announced 1,750 corporate layoffs (15% of its workforce), starting in April 2025, to save $210 million in 2025 and $300 million in 2026, following operational issues, investor pressure, and a December 2024 operational meltdown that canceled 16,700 flights.

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dw.com
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Germany's Labor Shortage Eases Amidst Economic Slowdown

A new ifo Institute survey reveals that Germany's labor shortage has lessened in 2025, affecting 28 percent of companies due to the economic slowdown and resulting layoffs by major companies such as Volkswagen (over 35,000 job cuts). However, some sectors like services, law, and hospitality still re...

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foxnews.com
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IRS Cuts Thousands of Workers Amidst Tax Season

The IRS is cutting thousands of probationary workers as tax season begins, following a Trump administration order. This could significantly impact the agency's ability to process the expected 140 million tax returns, despite recent improvements and increased funding.

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nbcnews.com
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D.C. Unemployment Spikes Amidst Trump's Federal Layoffs

President Trump's efforts to reduce the federal workforce have resulted in nearly 4,000 unemployment claims in Washington, D.C., since he took office, a 55% increase compared to the previous six weeks, coinciding with government-ordered layoffs and buyouts offered to approximately 75,000 employees.

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cnn.com
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Mass NNSA Firings Rescinded After Congressional Intervention

On Thursday night, the Trump administration fired over 300 National Nuclear Security Administration (NNSA) employees, but rescinded the terminations Friday morning following Congressional pressure and concerns that Energy Department officials were unaware of the NNSA's critical role in managing the ...

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npr.org
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CFPB Layoffs Spark Concerns Over Consumer Protection

The CFPB laid off 70 to 100 term employees and 73 recent employees this week, due to a White House initiative, prompting a lawsuit and concerns about the agency's ability to fulfill its legal obligations, particularly given that many Republicans have long sought the agency's abolishment.

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us.cnn.com
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Southwest Airlines Announces 1,750 Layoffs to Cut Costs

Southwest Airlines announced 1,750 corporate layoffs (15% of its workforce), starting April 2025, to save $210 million in 2025 and $300 million in 2026, following operational issues, investor pressure, and a significant drop in share price since early 2021.

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40% Bias Score

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theguardian.com
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Trump Administration Fires FDA Employees, Raising Public Safety Concerns

The Trump administration fired recently hired FDA employees responsible for reviewing food, medical devices, and tobacco products, part of a larger plan to eliminate 5,200 probationary employees across various agencies, raising concerns about public safety and regulatory effectiveness.

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smh.com.au
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NNSA Layoffs: Initial 325 Notices Reduced to Fewer Than 50

US President Trump and Elon Musk initiated layoffs at the National Nuclear Security Administration (NNSA), initially targeting 325 employees but ultimately dismissing fewer than 50 probationary administrative and clerical staff; this caused significant confusion and concerns regarding national secur...

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us.cnn.com
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Mass NNSA Firings Rescinded Amid National Security Concerns

On Thursday night, the Trump administration fired over 300 National Nuclear Security Administration (NNSA) employees, but rescinded the terminations Friday morning after Congress intervened; the firings raised serious national security concerns given the NNSA's role in overseeing the nation's nuclea...

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abcnews.go.com
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IRS to Lay Off Thousands Amidst Trump Administration's Workforce Reduction Efforts

The IRS plans to lay off thousands of probationary workers starting next week amid the Trump administration's efforts to shrink the federal workforce, potentially affecting the processing of over 140 million tax returns expected by April 15th, and facing legal challenges from 14 states against Elon ...

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abcnews.go.com
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1,300 CDC Employees Forced Out Amidst Federal Restructuring

The Trump administration is eliminating roughly 1,300 probationary employees from the Centers for Disease Control and Prevention (CDC), approximately one-tenth of its workforce, as part of a broader federal restructuring effort; the move raises concerns about the agency's capacity to respond to publ...

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Showing 97 to 108 of 173 results