Layoffs

Rite Aid Files for Bankruptcy, Job Cuts Expected
Rite Aid Files for Bankruptcy, Job Cuts Expected
May 05, 2025  |  Business

Rite Aid Corp. said Monday (May 5) that it has filed for Chapter 11 bankruptcy protection again, less than a year after emerging from a...

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Court Records Offer Glimpse Into Trump’s CFPB Firing Efforts
Court Records Offer Glimpse Into Trump’s CFPB Firing Efforts
April 28, 2025  |  CFPB

This week, a judge will hear testimony that could determine the future of the CFPB. Get the Full Story Complete the form to unlock this...

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Reports: FDIC Plans Further Staff Reduction
Reports: FDIC Plans Further Staff Reduction
April 21, 2025  |  Bank Regulation

The Federal Deposit Insurance Corp. (FDIC) reportedly plans to make a further staff reduction, eliminating another 750 positions in addition to the 500 it cut...

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Judge Puts Temporary Hold on CFPB Plan to Lay Off Most Employees
Judge Puts Temporary Hold on CFPB Plan to Lay Off Most Employees
April 18, 2025  |  CFPB

A federal judge reportedly blocked the Trump Administration’s plan to lay off 90% of the staff of the Consumer Financial Protection Bureau (CFPB) Friday (April...

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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. Get the Full Story Complete the form to unlock...

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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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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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.” Get...

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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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