Unions have sued to block any firings, which budget experts believe are not even needed to protect essential federal services.
Category: Layoffs and Job Reductions
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White House May Try to Deny Back Pay to Furloughed Federal Workers
Union leaders and Democratic lawmakers say the move would run afoul of a law adopted under President Trump’s first term.
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Why Are H-1B Visas Suddenly a Big Deal? One Reason: Tech Jobs Disappeared
The president’s decision to charge employers $100,000 per visa for skilled workers seemed to come out of nowhere. But the grievance behind it has been simmering.
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Can This Isolated British Island Keep Its Economy Afloat?
The Isle of Wight, known for its beaches and a rock festival that featured Jimi Hendrix and Bob Dylan, has had setbacks in manufacturing, but there have also been bright spots.
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Trump Calls Shutdown an ‘Unprecedented Opportunity,’ and Eyes Deep Cuts
The president plans to meet with the White House budget chief to slash what he described as “Democratic agencies.”
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Trump Calls Shutdown an ‘Unprecedented Opportunity,’ and Eyes Deep Cuts
The president plans to meet with the White House budget chief to slash what he described as “Democratic agencies.”
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Trump Uses Shutdown to Maximize Pain for Democrats and Move Forward With Layoffs
The Trump administration forged ahead with plans to conduct mass layoffs, as the fiscal standoff appeared to intensify.
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The Economic Stakes of a Government Shutdown
Investors have shaken off threats of damage from shutdowns before. But federal layoffs, pauses in economic data and more could make this time different.
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Trump’s Tariffs Threaten to Break Some Small Businesses
Import duties are posing a challenge to some smaller companies, which fear that raising prices to cover higher costs will drive away customers.
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Starbucks to Cut Jobs, Close Stores and Take $1 Billion Hit in Revamp Effort
The coffee chain said it would shutter some underperforming U.S. stores and eliminate 900 corporate jobs as part of a plan to build “a better, stronger and more resilient Starbucks.”
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Spirit to Put One-Third of Flight Attendants on Leave
The budget airline said it would furlough hundreds of employee as it waded through its second bankruptcy in a year.
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Novo Nordisk’s Woes Are Slimming Denmark’s Economic Growth
Because of its size, the drugmaker has an outsize effect on the country. Now, as it sheds jobs, forecasts for Denmark’s growth are falling, too.