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The drastic restructuring, revealed by Marco Rubio, the acting national security adviser, is likely to encourage the president’s preferred style of top-down decision-making in foreign affairs.
The United Nations Secretariat is preparing to cut its $3.7 billion budget by 20% and slash about 6,900 jobs, according to an internal memo seen by Reuters.
Companies are "quiet firing" employees to trim staff without having to make severance payouts or as a way to tamp down negative press or public perceptions associated with layoffs. That’s ...
PayPal PYPL.O will pay a $2 million civil fine over cybersecurity failures that led to the exposure of customers' Social Security numbers in late 2022, New York state's Department of Financial ...
A 15% cut to domestic staff will result in more than 2,000 employees losing their jobs -- including around 700 at the department's Foggy Bottom headquarters. Primary Menu Sections.
Arts & Entertainments More layoffs cut Kennedy Center’s government, marketing and media staff. The center removed employees in government relations, social media, campus planning and other ...
The 1,500 research and development staff would need to apply for around 400 of the newly created positions in other offices, employees were told in an all-hands meeting at EPA on Friday.
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday. That amounts to about 5% of its total workforce.
The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the central bank in line with President Trump's broader efforts to streamline the federal government ...
The layoffs are being announced to employees as early as Wednesday and represent just under 6% of the combined staff at the two units, according to one of the people with knowledge of the cuts ...
According to the department, more than 1,300 positions will be cut as a result of this reduction in force. Roughly another 600 employees have accepted voluntary resignations or retired.