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U.s. Social Security Administration to Cut 7,000 Workers

The U.S. government agency responsible for providing benefits to tens of millions of older Americans plans to reduce its workforce by over 12 percent, citing the need to streamline operations and eliminate non-mission critical functions. The Social Security Administration (SSA) aims to reach a staffing target of 50,000 employees from its current level of approximately 57,000 staff members. This move is part of the Trump administration's broader plan to reduce the size of the federal workforce.

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US Plans to Fire 80,000 Veterans Affairs Workers as Part of Trump Cuts, Sparking Backlash Δ1.83

The Department of Veterans Affairs is planning a drastic reduction in staff, with an expected loss of over 80,000 workers, aimed at returning the agency to its staffing levels from 2019. This move has drawn strong condemnation from military veteran groups and Democrats, who see it as a betrayal of those who have served. The cuts will likely have a significant impact on the care provided to veterans, with critics warning that it could put their health benefits in "grave danger".

IRS Plans to Cut Up to Half of Workforce, AP Sources Say Δ1.81

The Internal Revenue Service is drafting plans to reduce its workforce by up to half through a combination of layoffs, attrition, and buyouts, according to two people familiar with the situation. This move is part of the Trump administration's efforts to shrink the size of the federal workforce through various measures. A significant reduction in force could render the IRS "dysfunctional," said John Koskinen, a former IRS commissioner.

Mass Layoffs to Hit Veterans' Affairs as Early as June Δ1.80

The Department of Veterans Affairs will begin mass layoffs, targeting more than 80,000 workers, in an effort to reduce the agency's size by at least a fifth. The planned cuts, which could be finalized by June, have been met with criticism from Democrats and some Republicans, who argue that they threaten veterans' health benefits. The layoffs are part of a broader effort by President Donald Trump and billionaire adviser Elon Musk to slash the federal government's workforce.

White House Clarifies Trump Statement on 65% Epa Staff Cuts Δ1.80

The White House has walked back President Donald Trump's claim that the Environmental Protection Agency plans to cut 65% of its workforce, saying instead that the agency will cut its spending by 65%. The EPA has already announced significant staff reductions, including terminating nearly 400 probationary employees and placing nearly 200 employees on leave. These changes are part of a broader effort to eliminate "waste, fraud, and abuse" across all government agencies.

US Labor Department Reinstates Workers Targeted in Trump Job Cuts, Union Says Δ1.80

The U.S. Department of Labor has reinstated about 120 employees who were facing termination as part of the Trump administration's mass firings of recently hired workers, a union said on Friday. The American Federation of Government Employees, the largest federal employee union, said the probationary employees had been reinstated immediately and the department was issuing letters telling them to report back to duty on Monday. This decision reverses earlier actions taken by the Labor Department, which had placed some employees on administrative leave.

Us Agency for International Development Workers Face Layoffs Under Trump Administration Δ1.79

US Agency for International Development workers were given only 15 minutes to collect their personal belongings from the Washington headquarters as part of a drastic reduction in foreign aid announced by President Donald Trump's administration. Over 90% of USAID awards were cut, resulting in thousands of staff being put on leave and contractors terminated. The sudden halt to operations has jeopardized global humanitarian relief efforts and thrown life-saving food and medical aid into chaos.

The IRS Is Set for a Mass Layoff Under Trump's Plan Δ1.79

The Trump administration's plan to cut the Internal Revenue Service's workforce in half could have devastating consequences, including crippled collections and enforcement, slower refunds, and bigger budget deficits. According to tax experts, the move would undo recent efforts to restaff and modernize the IRS, threatening to fundamentally cripple an agency responsible for processing 270 million tax returns each year. The IRS has already laid off thousands of employees as part of Trump's broader effort to slash the federal bureaucracy.

Hidden Retirement Strategy Could Add $100,000 to Your Nest Egg Δ1.79

As President Donald Trump's initiatives, led by Elon Musk's Department of Government Efficiency (DOGE), cut staff and shut down multiple Social Security offices, an already understaffed system — with 7,000 fewer full-time employees and 7 million more beneficiaries than a decade ago — has become a significant concern for Americans. To mitigate the impact of reduced government support, it is crucial to implement effective wealth-building retirement strategies. A key overlooked strategy for reaching a six-figure income in retirement is utilizing a health savings account (HSA).

US Health Agency Offers Early Retirement Amid Downsizing Efforts Δ1.78

The U.S. Department of Health and Human Services has informed employees that they can apply for early retirement over the next 10 days as part of a broader effort to downsize the federal bureaucracy. This move is led by President Donald Trump and billionaire Elon Musk, who oversee the so-called Department of Government Efficiency. The agency's restructuring aims to reduce its workforce and improve operational efficiency.

Cybersecurity Laid Off: Former NSA Official Warns of Devastating Impact Δ1.77

A former top official, Rob Joyce, has warned that mass federal layoffs will have a devastating impact on cybersecurity and national security. The House Select Committee on the Chinese Communist Party has heard concerns from Joyce, who argues that culling workers from federal departments will erode the pipeline of top talent responsible for hunting and eradicating threats. Over 100,000 federal workers have been made redundant or taken retirement as part of the new administration's plans to drastically downsize the federal government workforce.

US SEC Offers Staff $50,000 to Resign or Retire, Memo Says. Δ1.77

The U.S. Securities and Exchange Commission (SEC) is incentivizing some employees with a $50,000 offer for voluntary resignation or retirement as part of a cost-cutting measure in alignment with the Trump administration's workforce reduction goals. This initiative comes amid broader efforts to streamline federal agencies, with the SEC facing pressure to reduce staffing levels and operational costs. Employees have until March 21 to respond to the offer, reflecting the agency's ongoing adjustments to its workforce dynamics.

Trump Purge Hits Chips Act Office, Two-Fifths of Staff to Be Terminated: Report. Δ1.77

The Trump administration has laid off two-fifths of the staff at the U.S. Chips Program Office, responsible for managing the $52 billion Chips and Science Act, resulting in 60 job losses by the end of Monday. The office's budgeted funds have been contracted out, but more cuts are expected, raising concerns about the future of the program. The move is seen as a direct response to President Trump's opposition to certain stipulations included in the Biden-era Chips Office funding, such as unionization and paid parental leave.

US CHIPS Act Office Lays Off Staff Amid Reorganization Efforts Δ1.77

About one-third of the staff in the U.S. Commerce Department office overseeing $39 billion of manufacturing subsidies for chipmakers was laid off this week, two sources familiar with the situation said. The layoffs come as the new Trump administration reviews projects awarded under the 2022 U.S. CHIPS Act, a law meant to boost U.S. domestic semiconductor output with grants and loans to companies across the chip industry. The staffing cuts are part of a broader effort to reorganize the office and implement changes mandated by the CHIPS Act.

US CHIPS Act Office Lays Off About a Third of Its Staff, Sources Say Δ1.77

The U.S. Commerce Department's office overseeing $39 billion of manufacturing subsidies for chipmakers has significantly downsized its workforce, with approximately one-third of its staff let go in a sudden move. The layoffs have been prompted by the new administration's review of the 2022 CHIPS Act projects, which aims to boost domestic semiconductor output. This change marks a significant shift in the agency's priorities and operations.

Taxing Social Security Benefits: A Threat to Retirees' Income Δ1.76

Social Security taxes might seem like a good idea, but they could have dire consequences for millions of retired Americans. The thresholds at which taxes on benefits apply are very low, affecting seniors with combined income levels below $25,000 or $32,000. President Trump's plan to end taxes on Social Security benefits may be well-intentioned, but it has the potential to offer limited good and cause harm.

Trump Axes AI Staff and Research Funding, Weakening the American AI Talent Pipeline Δ1.76

The Trump administration's recent layoffs and budget cuts to government agencies risk creating a significant impact on the future of AI research in the US. The National Science Foundation's (NSF) 170-person layoffs, including several AI experts, will inevitably throttle funding for AI research, which has led to numerous tech breakthroughs since 1950. This move could leave fewer staff to award grants and halt project funding, ultimately weakening the American AI talent pipeline.

US Board Reinstates Thousands of USDA Employees Fired by Trump Administration Δ1.76

The U.S. Merit System Protection Board has ordered the temporary reinstatement of thousands of federal workers who lost their jobs as part of President Donald Trump's layoffs of the federal workforce, following a federal judge's ruling that blocked Trump from removing the board's Democratic chair without cause. The decision brings relief to employees who were fired in February and could potentially pave the way for further reviews of similar terminations. As the administration appeals this decision, it remains unclear whether other affected workers will be reinstated.

Modifications to Social Security Under Trump: Three Key Changes Δ1.76

President Trump has proposed three significant changes to Social Security, although it is still early in his administration and specifics have yet to be finalized. One proposal includes reducing the cost-of-living adjustment (COLA) for recipients, which could result in lower benefit payments over time. Additionally, Trump's budget resolution calls for cuts to mandatory spending programs monitored by Congress, including Medicaid. Furthermore, some of Social Security benefits may be subject to taxation depending on a retiree's combined income.

Social Security Benefits Get Boost Under New Law Δ1.76

The Social Security Fairness Act signed into law by former President Joe Biden aims to increase benefits for millions of Americans, including retroactive payments for those who had lost out on benefits due to the elimination of two provisions that reduced or eliminated their benefits. Beneficiaries will receive boosted checks, with some people eligible for over $1,000 more each month. The changes apply to around 3.2 million people, mostly government workers and civil servants.

SEC Dangles $50,000 Incentive for Employees to Resign or Retire. Δ1.75

The US Securities and Exchange Commission is offering a voluntary separation incentive of $50,000 to eligible employees who resign or retire by April 4, in an effort to reduce the agency's workforce as part of the Trump administration's plans to slash the size of the federal government. The offer comes amidst reports of thousands of potential job cuts, with some staff members already being instructed to return to the office starting April 14. However, eligible employees must be willing to forfeit their retirement benefits if they accept a voluntary separation agreement and return to work within five years.

Federal Worker Layoffs: A Growing Concern Among Americans Δ1.75

A near-record number of federal workers are facing layoffs as part of cost-cutting measures by Elon Musk's Department of Government Efficiency (DOGE). Gregory House, a disabled veteran who served four years in the U.S. Navy, was unexpectedly terminated for "performance" issues despite receiving a glowing review just six weeks prior to completing his probation. The situation has left thousands of federal workers, including veterans like House, grappling with uncertainty about their future.

US Chips Act Office Loses Two-Fifths of Staff to Trump Purge Δ1.75

The US government office responsible for the $52 billion chip subsidy program will lose nearly a third of its staff due to President Donald Trump's purge of federal workers. The office, which oversees a marquee manufacturing spending program, has seen around 20 employees accept voluntary deferred resignations and another 40 probationary employees face termination. This reduction threatens to hamper the implementation of the Chips and Science Act, a bipartisan law signed by President Joe Biden in 2022.

FTC Staffing Cuts Undergo Terminations Δ1.75

At least a dozen probationary staffers at the Federal Trade Commission were terminated last week, with terminations taking place across the agency. The FTC's staffing cuts follow a familiar playbook driven by Elon Musk's Department of Government Efficiency (DOGE), targeting probationary employees in an indiscriminate manner. The agency's internal equal opportunity office was also cut from six to three staffers.

US Government Cuts Key Software Division without Warning. Δ1.75

The US government's General Services Administration department has dissolved its 18F unit, a software and procurement group responsible for building crucial login services like Login.gov. This move follows an ongoing campaign by Elon Musk's Department of Government Efficiency to slash government spending. The effects of the cuts will be felt across various departments, as 18F collaborated with many agencies on IT projects.

Autodesk Cuts Jobs to Adapt to Changing Sales Model Δ1.74

Autodesk has announced a significant restructuring effort, with 1,350 employees set to be laid off, representing approximately 9% of its workforce. The job cuts are part of the company's efforts to adapt to a shift towards self-service sales and direct billing. By making this change, Autodesk aims to improve customer satisfaction and boost productivity.