London says it acted to prevent the plant’s Chinese owners from closing the plant, threatening jobs and national security.
Category: Layoffs and Job Reductions
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6 Ways to Calm Your Anxiety When Economic Stress Flares
Wild stock market swings and rising recession fears have put Americans on edge. Here are strategies to lower the angst.
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Appeals Court Scales Back Freeze on Firing Consumer Bureau Employees
The order reversed some parts of an injunction a federal judge said was needed to prevent the Consumer Financial Protection Bureau from being illegally dismantled.
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RFK Jr. Accuses FDA of Drug Industry Influence That Barred Alternative Remedies
The nation’s health secretary addressed agency employees, asking them to shed any corporate influence. But he did not address the mass layoffs that have gutted oversight of tobacco and vapes, food safety and drug reviews.
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Canada Will Use Its Retaliatory Tariff Earnings to Aid Workers and Businesses
But exactly what the country will do remains unclear and the scale of the current disruption makes decision-making difficult.
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U.S. Employers Added 228,000 Jobs in March, but Outlook Is Clouded
The gain was stronger than expected, though the impact of President Trump’s tariffs and other policies on the labor market has yet to play out.
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FDA Layoffs Could Raise Drug Costs and Erode Food Safety
Trump cutbacks were supposedly aimed at administrators. But scientists in food and drug-testing labs and policy experts who advance generic drug approvals were also dismissed.
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Federal Workers Walk Into Chaos Amid Return to Office
President Trump has described his new in-office requirement as a way to ensure workers are doing their jobs. He sees potentially leading more employees to quit as an added benefit.
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Trump’s Science Policies Pose Long-Term Risk, Economists Warn
Since World War II, U.S. research funding has led to discoveries that fueled economic gains. Now cutbacks are seen as putting that legacy in jeopardy.
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The Gen X Career Meltdown
Just when they should be at their peak, experienced workers in creative fields find that their skills are all but obsolete.
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Trump’s Tariffs Leave Automakers With Tough, Expensive Choices
Carmakers are likely to face higher costs regardless of how they respond to President Trump’s 25 percent tariffs on cars and auto parts.