Category : Search result: federal layoffs


US Government Shutdown Crisis: Mass Layoffs Warning

As the US government shutdown looms, Vice President JD Vance faces criticism for misleading claims while the White House warns of imminent economic consequences affecting millions of Americans.

US Government Shuts Down in Funding Standoff

The US federal government has entered a partial shutdown after Democratic lawmakers refused to support a Republican spending bill, leaving critical services in limbo and hundreds of thousands of workers facing furlough.

Westpac Axes 132 Jobs in Operational Overhaul

Australia's Westpac bank is cutting 132 roles in a significant operational overhaul, primarily affecting back-office and support staff, as part of a broader cost-cutting strategy.

Domino's Pizza Slashes Over 1,100 UK Jobs

Domino's Pizza Group announces the elimination of over 1,100 roles, primarily affecting delivery drivers, as part of a strategic shift following a business review and changing customer habits.

Trump's Supreme Court challenge over Fed's Lisa Cook

Former President Trump initiates a Supreme Court battle to block the renomination of Federal Reserve Governor Lisa Cook, setting up a major constitutional confrontation over presidential powers and central bank independence.

Powell Warns: High Inflation to Delay Rate Cuts

Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.

Sky axes 600 UK jobs in major restructuring shake-up

Broadcasting giant Sky announces plans to cut 600 UK roles in a significant restructuring effort, impacting technology and head office teams. The move aims to streamline operations and respond to evolving market demands.

Sky announces up to 1,000 job cuts in streaming overhaul

Sky, the UK media giant, is set to cut up to 1,000 jobs as it pivots focus towards its streaming services. The restructuring primarily impacts teams at its Osterley campus, signalling a major strategic shift in response to changing viewer habits.

Court Upholds Trump's Firing of Fed Governor Lisa Cook

A US appeals court has dismissed Lisa Cook's lawsuit against Donald Trump, ruling the former president had absolute immunity when he fired her from the Federal Reserve Board in 2025. The landmark decision raises serious questions about presidential power

Amazon Axes 100+ Music & Twitch Roles

Amazon announces significant layoffs within its music streaming and Twitch divisions, cutting over 100 roles in Los Angeles and Puerto Rico as part of a broader restructuring effort.

MSNBC fires veteran political analyst Matthew Dowd in shock move

MSNBC has abruptly terminated the contract of veteran political analyst Matthew Dowd, a former George W. Bush aide turned Trump critic, in a major on-air talent shakeup. The surprise move was announced in an internal memo, leaving viewers and insiders spe

ICE Agent Shot in Critical Condition in Chicago

A US Immigration and Customs Enforcement agent is in critical condition after a targeted shooting in Chicago's West Side. Federal authorities are investigating the brazen daylight attack.

Novo Nordisk cuts 9,000 jobs amid Ozempic competition

Danish pharmaceutical giant Novo Nordisk announces major restructuring, cutting 9,000 jobs globally. The move comes as competition intensifies in the lucrative weight-loss and diabetes drug market, challenging its blockbuster medications Ozempic and Wegov

Federal Agents Raid Chicago Suburb in Major Operation

The Chicago suburb of Evanston was the scene of a significant federal law enforcement operation on Monday, with agents from multiple agencies executing a search warrant at a residential property. The nature of the investigation remains undisclosed as auth

Atlassian Axes 5% of Staff in Major AI Restructuring

Australian tech giant Atlassian, co-founded by billionaire Mike Cannon-Brookes, is laying off 5% of its staff in a strategic pivot towards artificial intelligence, impacting hundreds of employees globally.

ConocoPhillips Axes 25% of UK Oil Workforce

US oil giant ConocoPhillips has announced deep cuts to its British operations, slashing a quarter of its UK workforce. The move signals a major shift in the North Sea energy landscape and raises concerns about the future of the region's oil industry.

Trump's Plan to Strip Protections from US Federal Workforce

Exclusive: The Trump administration is advancing a sweeping plan to strip job protections from thousands of federal employees, potentially reshaping the US government's structure and igniting a fierce political battle over the future of the American civil

Trump Sued by Fed's Lisa Cook Over Discrimination Claims

Former President Donald Trump is being sued by Federal Reserve Governor Lisa Cook, who alleges a campaign of racial and gender-based discrimination derailed her initial confirmation. The landmark case exposes deep tensions within the US financial oversigh

Fed Governor Lisa Cook Sues Trump Over Dismissal

US Federal Reserve Governor Lisa Cook launches landmark lawsuit against former President Donald Trump, alleging unlawful termination and constitutional violations in a dramatic political clash.

Zuckerberg's £75M gift to guard called 'tone-deaf'

Meta CEO Mark Zuckerberg faces backlash for gifting his security chief a reported £75 million package, including a luxury home, as tech layoffs continue. Critics brand the move 'obscene' and 'out of touch'.

UK Grocery Chain Closes 60 Stores in Mass Layoffs

A prominent UK supermarket chain is set to close 60 stores and cut hundreds of jobs in a drastic restructuring plan aimed at reducing costs and adapting to changing consumer habits.

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