Layoffs

US Treasury Readying ‘Substantial’ Round of Layoffs
US Treasury Readying ‘Substantial’ Round of Layoffs
March 26, 2025  |  Personnel

The U.S. Treasury is preparing sweeping layoffs, the latest in a series of federal job cuts. That’s according to recent court documents flagged in media...

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Block Cuts 8% of Staff Citing ‘Strategy’ and ‘Performance’ Issues
Block Cuts 8% of Staff Citing ‘Strategy’ and ‘Performance’ Issues
March 26, 2025  |  Personnel

Financial services company Block has reportedly laid off 8% of its workforce. The job cuts impact 931 people, TechCrunch reported, citing a Tuesday (March 25) email from Block...

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Cybersecurity Agency Faces Scrutiny Amid Spending Cuts, Personnel Shifts
Cybersecurity Agency Faces Scrutiny Amid Spending Cuts, Personnel Shifts
March 25, 2025  |  Cybersecurity

A part of the U.S. Department of Homeland Security (DHS) responsible for identifying and monitoring cyberattacks has come under scrutiny as the Department of Government...

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SBA to Reduce Workforce by 43% and Focus on ‘Core Missions’
SBA to Reduce Workforce by 43% and Focus on ‘Core Missions’
March 21, 2025  |  Personnel

The Small Business Administration (SBA) said Friday (March 21) that it will reduce its workforce by 43% and refocus its resources on its “core missions.” The...

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IRS Staffing Cuts May Delay Tax Refund Advances
IRS Staffing Cuts May Delay Tax Refund Advances
March 18, 2025  |  Taxes

A financial lifeline for many consumers — particularly lower-income consumers — in the form of tax refunds may be fraying a bit at a time...

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FTC: Staffing Cuts Could Delay Amazon Trial
FTC: Staffing Cuts Could Delay Amazon Trial
March 12, 2025  |  Amazon

The Federal Trade Commission (FTC) says staffing cuts could delay its case against Amazon. As CNBC reported Wednesday (March 12), attorneys for the regulator have...

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Conference Board Reports Employment Trends Decline Amid ‘Growing Policy Uncertainty’
Conference Board Reports Employment Trends Decline Amid ‘Growing Policy Uncertainty’
March 10, 2025  |  Economy

The Conference Board’s Employment Trends Index (ETI) declined in February, dropping to its lowest level since October and signaling a likely decrease in employment. “Growing policy...

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Shift to Gig Economy Evident as Labor Market Cools With Muted Wage Gains
Shift to Gig Economy Evident as Labor Market Cools With Muted Wage Gains
March 07, 2025  |  Economy

Even before the pandemic, PYMNTS noted that 32% of workers participated in the gig economy in some way, either to supplement their incomes, or to...

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AI Regulations: Virginia’s AI Act Targets ‘High Risk’ AI Systems
AI Regulations: Virginia’s AI Act Targets ‘High Risk’ AI Systems
March 05, 2025  |  Artificial Intelligence

Virginia could be the second U.S. state to enact artificial intelligence (AI) regulations targeting high risk AI systems, after Colorado, according to the National Law...

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