WORKFORCE REDUCTION

Apr 18 2025FINANCE

A Big Cut to the Consumer Watchdog

The Consumer Financial Protection Bureau (CFPB) is facing a major overhaul. A significant number of its employees received termination notices. This move is part of a broader plan to reshape the agency, which was established to protect consumers from unfair financial practices. The CFPB has been active in the past decade. It has taken legal action against major comp...

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Apr 18 2025BUSINESS

A Biotech Firm's Pivot: 90% Job Cuts and a Shift in Strategy

Mural Oncology plc, a biotech firm based in Waltham, is undergoing a major overhaul. The company has decided to halt the development of its primary cancer treatment, nemvaleukin. This move is part of a broader strategy to explore new directions for the firm. The decision to stop developing nemvaleukin is a significant one. It signals a shift in the company's focus a...

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Apr 15 2025FINANCE

The IRS: A Big Cut in Staff

The IRS is preparing to reduce its staff by a significant amount. This change is expected to happen after the current tax filing season wraps up. The IRS plans to cut up to 40% of its workforce. This means the number of employees will go from around 102, 000 to somewhere between 60, 000 and 70, 000. The IRS will start sending out notices about these cuts in the co...

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Apr 08 2025POLITICS

Inside the Chaos: A Former Worker's View on the Government Overhaul

The government's technology office underwent a dramatic transformation when it was taken over by a new initiative led by Elon Musk. This shift brought in a wave of inexperienced staff who seemed to prioritize speed over understanding the complexities of federal operations. They operated in secrecy, often disregarding established rules and policies. The office, origi...

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Apr 02 2025POLITICS

Seven Government Agencies Offer Early Exit to Staff

The federal government is shaking things up. Seven agencies have revived their deferred resignation plans. This means employees can choose to leave their jobs early and still get a few months of pay. The departments of Agriculture, Defense, Energy, Transportation, and Housing and Urban Development, along with the Small Business Administration and the General Services...

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Apr 01 2025POLITICS

The Big Shake-Up: Health Department Faces Massive Layoffs

The Health and Human Services (HHS) department is going through a major overhaul. Thousands of employees are losing their jobs today. This is all part of a plan that could eventually lead to 10, 000 fewer workers in the department. This is a big deal because HHS is responsible for some pretty important stuff. They oversee the food supply, track diseases, conduct medi...

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Mar 28 2025POLITICS

HHS Faces Major Overhaul and Job Cuts

The Department of Health and Human Services (HHS) is set to undergo a significant transformation. The goal is to reduce the workforce by nearly 25%. The changes are part of a broader plan to streamline operations and cut costs. The HHS workforce will shrink from around 92, 620 employees to about 62, 000. This reduction will happen through layoffs and by leaving vaca...

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Mar 10 2025POLITICS

Space Jobs in Jeopardy: The Impact of Federal Cuts

The federal government has been making big changes to trim down the number of employees and cut spending. This has left many wondering how these changes will affect space-related jobs. Tracking these changes is tricky because space jobs are spread out across many different departments. The National Aeronautics and Space Administration (NASA) has around 18, 0...

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Feb 28 2025POLITICS

Job Cuts Across Government Agencies

The Trump administration has set a deadline of March 13 for agencies to finalize plans to reduce their workforce through layoffs. The upcoming layoffs are separate from the mass firings of probationary employees. This means that around 25, 000 workers have already been removed from their positions. The Office of Management and Budget and the Office of Person...

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Feb 27 2025POLITICS

Government Shake-Up: Trump's Plan to Trim the Fat

In a surprising move, the President has signed a new order to shake things up in how the government spends money. This order is all about making the government more efficient and accountable. The plan is to create a centralized system where every payment made by the government can be tracked and justified. This system will be overseen by a team led by a well-known te...

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