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Department of Agriculture. The Department of Agriculture (USDA) has also faced significant cuts -- including to the U.S. Forest Service, which manages wildfire response and prevention.
Jen Glennon resigned her position as editor in March 2024, citing an opposition to G/O Media's desire for the site to deprioritize news and instead focus on producing game guides. [31] In July 2024, it was reported that Kotaku Australia would shut down as part of a cost-cutting effort from third-party publisher Pedestrian Group. [32]
Layoffs.fyi, a website that dutifully tracks job cutting, shows that 263,000 tech employees were cut in 2023 alone. Only 11 days into 2024, there have been 24 tech companies that have laid off a ...
Paramount Global . Paramount Global laid off about 800 employees, or roughly 3% of its workforce, sources familiar with the matter told Yahoo Finance.The cuts, which took place on Feb. 13, come as ...
DOGE has been linked to Trump's campaign promises to reduce federal spending, the size and influence of the federal government, and the federal fiscal deficit. [13] Musk was the largest donor in the 2024 United States presidential election, spending over US$290 million in support of Trump and other Republicans, primarily in the final five weeks of the campaign. [14]
Some media outlets compared the 2023-2024 layoffs to the video game crash of 1983, when the US video game market collapsed due to an oversaturation of poorly made, low-quality games, causing the video game industry to enter a recession for two years. This has sparked discussions about a potential "second video game crash."
The COVID-era spending spree is over. And the tech layoffs keep coming. Amazon is eliminating several hundred roles across Prime Video and MGM Studios, according to a memo sent to staff on Wednesday.
Last year was catastrophic for employees in some industries. Companies planned 721,677 job cuts, a 98% leap from 2022, according to a report from professional outplacement firm Challenger, Gray &...