The number of Americans applying for unemployment benefits declined last week, remaining within the historically low levels seen since the COVID-19 pandemic, economists say.
Read More Dept. of Labor: U.S. unemployment claims drop, remaining in ‘healthy’ range
The State Department will be laying off over 1,300 employees amid a reorganization plan.
Read More Report: State Department to lay off over 1,300 employees
The Supreme Court lifted a lower court order on Tuesday that blocked sweeping layoffs of federal workers at nearly two dozen agencies while a legal battle over President Donald Trump’s plans to drastically cut waste, fraud, and abuse in the government moves forward.
Read More SCOTUS lifts lower court order, paving way for Trump admin’s mass federal layoffs: ‘A win for the GOP’
Bumble, an online dating and networking app that was launched in 2014, is set to lay off roughly 30% of its workforce.
Read More Bumble to lay off nearly 30% of its workforce
Democrat Senator Chuck Schumer characterized President Donald Trump’s “Big, Beautiful Bill” as the “We’re All Going to Die Act,” due to the legislation’s perceived Medicaid cuts.
Read More Chuck Schumer rebrands Trump’s ‘Big, Beautiful Bill’ to the ‘We’re All Going to Die Act’
Microsoft has announced that the U.S. multinational corporation and technology conglomerate will soon be laying off nearly 3% of its global workforce — affecting around 7,000 employees.
Read More Report: Microsoft To Lay Off 3% Of Workforce, Affecting Thousands