At the Small Business Administration, deep staffing cuts and stricter loan terms are making it harder for entrepreneurs to get access to capital, contracts and technical assistance.
Category: Layoffs and Job Reductions
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Fired Federal Worker Flirts on Finch
After losing my job in a wave of terminations under the new administration, I turned to a self-care app for emotional support — and more.
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Laurene Powell Jobs Cuts 10% of Jobs at Emerson Collective
Ms. Powell Jobs has privately said her philanthropy needed to practice more austerity, according to people who heard her remarks.
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Rethinking a Trip to Yellowstone or Zion? Here Are 5 State Parks to Visit Instead.
With popular destinations like Yellowstone and Zion hit hard by staffing cuts, nearby state parks offer beauty and majesty with far less uncertainty.
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Minnesota Iron Miners Lost Their Jobs, But Not Their Faith in Trump’s Tariffs
With demand for steel down and a trade war underway, miners in the Iron Range of Minnesota are feeling the hit. But they hope better times are ahead.
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Federal Reserve Plans to Cut 10% of Its Staff
In an internal memo to staff on Friday, Jerome H. Powell, the chair of the central bank, said the institution would offer a voluntary deferred resignation program.
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Trump Budget Cuts Hobble Antismoking Programs
The elimination of a key C.D.C. office has slashed funding to states for help lines used by thousands to stop smoking and vaping.
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Burberry to Cut Up to 1,700 Jobs in Turnaround Push
The British fashion house, which reported poor annual sales in a precarious time for the global luxury industry, is looking to save 60 million pounds in cost-cutting efforts.
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Panasonic to Cut 10,000 Jobs in Major Overhaul
The Japanese technology conglomerate plans to shed underperforming businesses and shift its focus to new areas of growth.
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How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx
President Trump has ended a tariff loophole that generated lots of business for delivery companies shipping inexpensive goods from China to the U.S.
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Travelers Face Delays as Newark Airport Chaos Enters Second Week
Weather-related delays on top of staffing shortages and runway construction have snarled travel at one of the nation’s busiest airports.