The Trump administration has announced over 275,000 federal civil service layoffs, aiming to reduce government expenditures and regulatory functions. Agencies affected include the Environmental Protection Agency and the Federal Aviation Administration, prompting protests and legal challenges.
CROFAM SOCIAL NETWORK
Several major companies, including Meta, Microsoft, and Wayfair, have announced layoffs this year, reflecting ongoing workforce reductions across sectors like technology, media, and finance. This trend is influenced by the increasing adoption of artificial intelligence (AI), with many companies expecting to reduce staff over the next five years. Notable layoffs include Meta's undisclosed performance-based terminations, Microsoft's unspecified performance-based layoffs, and Wayfair's reduction of around 340 tech workers