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.

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.

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.

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 Trump administration is set to cut more than 20 percent of the staff at the taxpayer help branch of the IRS, according to a document obtained by The Washington Post, eliminating jobs designed ...

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.

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 ...

Staff cut: 6,020 or 4%. Reason: slowing growth, competition from EVs, falling margins. Tesla announced mass layoffs in April 2024, where 6,020 employees in Texas and California will be let go in ...

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.

The Lake Oswego School District is warning employees that it will need to cut their jobs in order to plug an expected $12 million budget hole for the 2025-2026 school year. Skip to Article Set weather ...