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BREAKING: White House says thousands of federal workers expected to be laid off
MSNBC· 2025-10-10 19:53
Well, it's happening. President Trump making good on threats to furlow more federal workers as the shutdown drags on. This is all developing right now.A senior White House official telling MSNBC's Von Hillyard, "We expect thousands of people, unfortunately, to be laid off due to the government shutdown." And the news comes just a day after President Trump said this. >> And we're only going to cut Democrat programs, I hate to tell you. I guess that's makes sense.But we're only cutting Democrat programs. Uh b ...
X @The Wall Street Journal
Government Operations - Federal employee layoffs have commenced due to the government shutdown [1] - OMB (Office of Management and Budget) chief Russell Vought confirmed the layoffs [1]
Jobless claims — and layoffs — are still low. Unofficially, that is.
MarketWatch· 2025-10-09 14:08
Core Insights - The most accurate tool for tracking job losses has been postponed for the second consecutive week, indicating potential delays in labor market data [1] - Despite economic uncertainties, layoffs remain surprisingly low, suggesting resilience in the job market [1] Summary by Categories Job Market Trends - Layoffs are currently at low levels, which is unexpected given the prevailing economic uncertainties [1] Data Reporting - The postponement of the job loss tracking tool for two weeks may affect the timeliness of labor market insights [1]
X @Forbes
Forbes· 2025-10-08 01:30
The No. 1 Skill Leaders Lack During Layoffs, New Survey Reveals https://t.co/C7P9RICeiphttps://t.co/C7P9RICeip ...
Orsted Raises $9.4 Bln Amid Hit From US Wind U-Turn
Bloomberg Television· 2025-10-07 07:59
Investor Confidence & Financial Backing - Investor take up of 99% indicates strong belief in the company's business model [1] - The Danish state (owning 50.1%) and Equinor (owning 10%) supported the rights issue [2] - Major shareholders provided significant backing for the company [2][3] Business Strategy & Restructuring - The company is refocusing on established European offshore projects [3] - The company is narrowing its business model to focus on core European projects [4] - Onshore projects in Europe are being sold off [4] - The company is reducing its focus on the US market due to political uncertainty [4][5] - The company aims to "rightsize" the business, likely involving layoffs [5] - Approximately 20% of employees may be laid off in the fourth quarter [6] Challenges & Future Outlook - The company faces the challenge of reorganizing after a difficult period [6] - The company is determining which projects to complete and undertake [6]
X @Forbes
Forbes· 2025-10-06 22:30
The No. 1 Skill Leaders Lack During Layoffs, New Survey Reveals https://t.co/C7P9RICeiphttps://t.co/C7P9RICeip ...
What a US government shutdown means for the economy
Bloomberg Television· 2025-10-06 20:36
Economic Impact of Government Shutdown - Potential for furloughs and layoffs due to the shutdown, exacerbating existing federal government employment decline [1][2] - The October jobs report will reflect the impact of deferred resignations and potential shutdown-related layoffs [2] - Federal contractors are vulnerable, illustrated by the Department of Transportation freezing $18 billion worth of construction projects like the Second Avenue subway and Hudson Tunnel project [3] - Delays in infrastructure projects could create a domino effect if the shutdown prevents contracting officers from overseeing projects [4] Risks and Concerns - Shutdown could negatively impact a fragile US economy [1] - Contractors often operate with limited financial security, making them particularly vulnerable to job delays [3]
Layoffs will be an "unfortunate consequence" if shutdown continues: White House
Yahoo Finance· 2025-10-06 19:00
If the vote fails in the Senate today to reopen the government, would that trigger layoffs. >> Look, again, we hope that the vote will not fail because this administration wants to reopen the government. We don't want to see people laid off.But unfortunately, if this shutdown continues, layoffs are going to be a unfortunate consequence of. ...
Speaker Johnson says mass layoffs ‘regrettable’ but WH ‘required to do it by Chuck Schumer’
NBC News· 2025-10-05 13:10
Government Shutdown Impact - The White House is preparing for potential layoffs of thousands of federal workers due to the shutdown [1] - The situation is regrettable, and the President had asked Chuck Schumer and Hakee Jeffries to keep the government open [2] - Senate Democrats are seen as having handed over decision-making power to the White House, leading to tough choices [3] Key Personnel & Actions - Russ Vote, from the Office of Management and Budget, is tasked with determining essential programs, policies, and personnel due to funding being cut off [4] - Chuck Schumer is urged to vote to keep the government open, as layoffs are unprecedented in this type of situation [3]
Leavitt says work is happening to identify where layoffs 'have to be made'
NBC News· 2025-10-03 18:44
Potential Layoffs - Thousands of potential layoffs are likely being considered [1] - The Office of Management and Budget is identifying where layoffs and cuts have to be made across agencies [2] - The potential layoffs could be prevented if Democrats vote to reopen the government [2] Government Funding - The administration is asking for a clean, continuing resolution to keep the government open [3] - The government's restoration to funding could impact the potential layoff list [2]