State Department, mass layoffs
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Live updates and the latest news as President Donald Trump and first lady Melania Trump tour the Texas flood devastation and the U.S. prepares to impose blanket tariffs on trading partners.
A rally is expected, with supporters “clapping out” departing State Department employees and protesting the layoffs at 4 p.m. Friday.
Jasper Therapeutics started the year with 64 full-time employees and a robust valuation of more than $320 million. Just seven months later, the Bay Area biotech company’s valuation has collapsed by more than 80%, and it’s slashing half of its staff after bungling trial doses of its leading drug candidate.
U.S. diplomats in Washington are bracing for cuts to the State Department workforce, with dismissal notices expected to hit inboxes as soon as Friday, according to three State Department officials with knowledge of the plans.
The Germany based supplier specializes in roofing technologies and said the layoffs are part of a consolidation plan.
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Fearing layoffs and AI, workers are reading into their bosses' looks and the lack of snacks. Welcome to office paranoia.
The State Department announced plans to lay off some US-based diplomats and other employees, after the Supreme Court ruled that the Trump administration can go ahead with plans to slash the size of the federal workforce.
In this economy, losing a job is especially rough, and if you’re one of the many people laid off this year or collecting unemployment, you’ve probably got a lot on your plate already. But there’s one more thing to add to your plate: Taxes.