2025-03-07 13:29:09
USA
Politics

Trump Cautions Musk on Federal Workforce Reductions

Image courtesy of : AFP (SAUL LOEB)

President Trump has urged Elon Musk to take a careful approach to reducing staff in federal agencies, emphasizing precision over drastic cuts. Trump acknowledged the need to scale down government entities to optimal sizes while retaining top talent.

Despite praising the Department of Government Efficiency's achievements, led by Musk, Trump addressed rising criticism over Musk's influence and drastic workforce cuts. Federal agencies like the IRS and the Department of Veterans Affairs face significant job reductions, sparking legal challenges and bipartisan opposition in Congress.

The administration's plans include abolishing the IRS and replacing it with a tariff-funded service, potentially impacting tax return processing. As layoffs across various sectors hit a 16-year high, concerns grow over the economic impact of these workforce reductions and policy shifts.

AFP
6. März 2025 um 22:25

Trump Warns Musk to Exercise Caution with Staff Reductions in Government Agencies

Politics
Economy
Technology
Trump warns Musk against overly radical staff cuts in federal agencies; Musk is leading the efficiency program "Doge" to reduce the size of the government; plans include cutting up to 45,000 jobs at the IRS, 80,000 at the Veterans Affairs Department, and the dissolution of the Department of Education; there are dozens of lawsuits against the cuts; criticism also comes from Congress, even from Trump's Republicans; Musk admitted mistakes in the work of Doge; Trump convened the cabinet to delegate..
The Guardian
7. März 2025 um 12:00

Who are the US federal workers at risk of losing their jobs and what do they do?

Politics
Economy
The Trump administration, led by Elon Musk's 'department of government efficiency' (Doge), is seeking to dramatically reduce the federal workforce of over 3 million, including the Department of Defense (750,000) and Department of Veterans Affairs (480,000). This is part of efforts to cut the federal budget by $2 trillion, a significant portion of the $1.7 trillion discretionary spending. The administration has ended diversity, equity, and inclusion (DEI) programs in the federal government, but..
The Street
7. März 2025 um 12:26

IRS plans alarming move that threatens tax returns TheStreet Daily Newsletter

Politics
Finance
Economy
The IRS plans major workforce cuts of up to 50% through layoffs, buyouts, and hiring freezes, potentially slowing tax return processing. This follows efforts by Elon Musk's Department of Government Efficiency (DOGE) and President Trump to shrink the federal government. U.S. Secretary of Commerce Howard Lutnick stated that Trump plans to abolish the IRS and replace it with a service funded by tariffs. The IRS may also deputize agents for immigration enforcement per a request from DHS Secretary..
The Street
7. März 2025 um 12:26

U.S. jobs cuts at 16-year high as trade war concerns hammer sentiment TheStreet Daily Newsletter

Economy
Finance
Politics
Technology
Challenger Gray & Christmas reported that U.S. employers announced over 172,000 layoffs in February, the highest in 5 years, due to DOGE-related firings, canceled government contracts, and trade war concerns. Job cuts were concentrated in government (62,242 jobs lost), retail (nearly 39,000 jobs lost), and tech (around 14,500 layoffs) sectors. The 221,812 layoffs announced so far this year are the highest since 2009, a 33% increase from the same period in 2024. Elon Musk's DOGE effort led to a..
CW

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