Layoffs and Job Reductions

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    U.S.A.I.D. Workers Brace for the Worst

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    The thousands of people who work for the U.S. government’s main agency for humanitarian aid and disaster relief have been on the front lines of efforts to fight famine, contain virulent infectious diseases like H.I.V. and Ebola, and rebuild infrastructure in impoverished and war-torn countries.On Friday evening, just hours before the vast majority of them were set to have been suspended with pay or laid off, a court issued a limited, temporary order against the Trump administration’s moves to shut down the agency.The order was a temporary reprieve to approximately 2,700 direct hires of the U.S. Agency for International Development who were on administrative leave or set to be placed on leave by midnight Friday. For the past two weeks, they and the contractors who work for the agency had been in the throes of a collective panic as the Trump administration began to lay off staff and signaled it planned to decimate the agency.But the U.S.A.I.D. work force, and the aid industry that relies in large part on the agency’s funding, is still acutely in limbo. On Saturday, U.S.A.I.D. informed employees affected by the order that employees already on administrative leave would be reinstated until the end Friday, Feb. 14, and that no one else would be suspended with pay during that period, according to a copy of the notice viewed by The New York Times. But those employees could still have to wait for weeks, months, or potentially even longer, for a verdict. The case, which was brought on behalf of unions representing the workers, is expected to go to the Supreme Court, and it is unclear whether the jobs will ever exist again.The Trump administration’s announcement this week that U.S.A.I.D. would dismiss almost all of its contractors and that most Foreign Service officers and other direct hires would be put on indefinite administrative leave set off a panic around the globe, as Americans posted in missions abroad scrambled to dismantle and reassemble their lives.The announcement gave Foreign Service officers just 30 days to depart their posts and return to the United States if they wanted the U.S. government to pay for their relocation, forcing nearly the entire diplomatic staff to plan the sort of swift exit that normally only takes place during coups and wars.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Republicans Would Regret Letting Elon Musk Ax Weather Forecasting

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      One way Donald Trump may try to differentiate his second term from his first is by slashing the federal work force and budget and consolidating and restructuring a host of government agencies.For people who care about weather and climate, one of the most concerning proposals on the table is to dismantle the National Oceanic and Atmospheric Administration. The authors of Project 2025, a blueprint for the administration crafted by conservative organizations, claim erroneously that NOAA is “one of the main drivers of the climate change alarm industry” and should be “broken down and downsized.” An arm of Mr. Trump’s team, the Department of Government Efficiency, to be led by Elon Musk and Vivek Ramaswamy, wants to eliminate $500 billion in spending by cutting programs whose funding has expired. That could include NOAA.With the rising costs of and vulnerability to extreme weather in a changing climate for the United States, dismantling or defunding NOAA would be a catastrophic error. Rather, there is a golden opportunity to modernize the agency by expanding its capacity for research and innovation. This would not only help Americans better prepare for and survive extreme weather but also keep NOAA from falling further behind similar agencies in Europe. While the incoming administration may want to take a sledgehammer to the federal government, there is broad, bipartisan support for NOAA in Congress. It is the job of the incoming Republican-controlled Congress to invest in its future.NOAA was established via executive order in 1970 by President Richard Nixon as an agency within the Department of Commerce. Currently its mission is to understand and predict changes in the climate, weather, ocean and coasts. It conducts basic research; provides authoritative services like weather forecasts, climate monitoring and marine resource management; and supports industries like energy, agriculture, fishing, tourism and transportation.The best-known part of NOAA, touching all of our daily lives, is the National Weather Service. This is where daily forecasts and timely warning of severe storms, hurricanes and blizzards come from. Using satellites, balloon launches, ships, aircraft and weather stations, NOAA and its offices around the country provide vital services like clockwork, free of charge — services that cannot be adequately replaced by the private sector in part because they wouldn’t necessarily be profitable.For most of its history, NOAA has largely avoided politicization especially because weather forecasting has been seen as nonpartisan. Members of Congress from both parties are highly engaged in its work. Unfortunately, legislation introduced by Representative Frank Lucas, Republican of Oklahoma — a state with a lot of tornadoes — that would have helped NOAA to update its weather research and forecasting programs passed the House but languished in the Senate and is unlikely to move forward in this session of Congress. However, in 2025 there is another opportunity to improve the agency and its services to taxpayers and businesses.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany

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      The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force.ThyssenKrupp, the largest steel maker in Germany, said Monday that it would eliminate up to 11,000 jobs by 2030, a decision that comes as the country struggled to overcome economic weakness that has hindered growth for nearly two years.The overhaul is aimed at returning ThyssenKrupp to profitability in the face of pressure from Asian competitors and high energy prices. Compounding the challenges, President-elect Donald J. Trump has threatened to impose tariffs on all goods imported to the United States. ThyssenKrupp was among those hurt by the tariffs Mr. Trump imposed on steel and aluminum during his first term in office.ThyssenKrupp said that it would reduce the amount of steel it produced each year down to no more than 10 U.S. tons, from the current level, 12.6 U.S. tons, which would allow it to eliminate 5,000 jobs. Another 6,000 jobs will be cut through the sale of business activities or turning to external providers, the company said without elaborating.“Urgent measures are required to improve ThyssenKrupp Steel’s own productivity and operating efficiency and to achieve a competitive cost level,” the company said in a statement.On Tuesday, ThyssenKrupp reduced the value of its steel division by 1 billion euros, or $1.04 billion, after posting a yearly net loss of €1.4 billion, or $1.2 billion. The company has been struggling for years to decarbonize its steel production, as the price of powering its existing coking plants has soared.Germany, Europe’s largest economy, has not had significant growth in the past two years. On Friday, the economy recorded 0.1 percent growth from July to September, but it was forecast to contract over the entire year. Economists do not expect to see a return to growth in 2025, unless the government can make significant changes quickly.Dozens of companies have announced plans over the past few months to reduce their work forces in Germany. On Friday, the auto supplier Bosch said it would cut 5,500 jobs beginning in 2027. Ford Motor said Wednesday it would eliminate 4,000 jobs in Europe, primarily in Germany.Workers at Volkswagen, Germany’s biggest automaker, are planning to begin staging warning strikes in the coming days, as they fight management plans to reduce their numbers and close up to three of the company’s 10 factories in Germany. In October, Volkswagen reported a 42 percent drop in quarterly profit and warned of an “urgent need” to cut costs amid growing competition from Chinese automakers. More

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      Dissecting the DOGE Playbook

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      Elon Musk and Vivek Ramaswamy have unveiled their first plans to trim government spending, a blueprint that mirrors how the tech mogul cut costs at Twitter. Layoffs and spending cuts are on Elon Musk’s government agenda.Carlos Barria/ReutersThe Twitter approach to government efficiencyDonald Trump picked Elon Musk and the financier Vivek Ramaswamy to tackle one of his administration’s biggest priorities — reducing the size of the federal government.The two have now shed some light on what Trump has called the Department of Government Efficiency plans to do. They appear to be taking a page from Musk’s playbook for extreme cost-cutting.“We won’t just write reports or cut ribbons,” Musk and Ramaswamy wrote in an opinion piece in The Wall Street Journal, addressing skepticism that their initiative, known as DOGE, can achieve. “We’ll cut costs.”How they plan to do it: Musk and Ramaswamy said they would focus on razing agency regulations, laying off government employees and cutting costs, including appropriations for the Corporation for Public Broadcasting and Planned Parenthood. (That said, Congress created the public broadcasting organization and authorizes its budget.)They’ll lean heavily on two recent Supreme Court rulings, West Virginia v. Environmental Protection Agency and Loper Bright Enterprises v. Raimondo, which together sharply curtailed agencies’ ability to act. “These cases suggest that a plethora of current federal regulations exceed the authority Congress has granted under the law,” Musk and Ramaswamy write.DOGE will present a lengthy list of regulations to gut to Trump, who they say would then be free to use executive action to halt their enforcement and then move to rescind them.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Trump Taps Elon Musk and Vivek Ramaswamy to Lead ‘Dept. of Government Efficiency’

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      How do you slash, cut, restructure and even dismantle parts of the federal government?If you’re President-elect Donald J. Trump, you turn to two wealthy entrepreneurs: the spaceship-inventing, electric-car-building owner of a social media platform and a moneymaking former pharmaceutical executive who was once one of your presidential rivals.Mr. Trump said on Tuesday that Elon Musk and Vivek Ramaswamy will lead what he called the Department of Government Efficiency. It will be, he said, “the Manhattan Project” of this era, driving “drastic change” throughout the government with major cuts and new efficiencies in bloated agencies in the federal bureaucracy by July 4, 2026.“A smaller Government, with more efficiency and less bureaucracy, will be the perfect gift to America on the 250th Anniversary of The Declaration of Independence,” Mr. Trump wrote in a statement. “I am confident they will succeed!”The statement left unanswered all kinds of major questions about an initiative that is uncertain in seriousness but potentially vast in scope. For starters, the president-elect did not address the fact that no such department exists. And he did not elaborate on whether his two rich supporters would hire a staff for the new department, which he said is aimed in part at reducing the federal work force.Mr. Musk, who became one of Mr. Trump’s biggest campaign contributors, said before the election that he would help the president-elect cut $2 trillion from the federal budget. But he did not explain in any detail how that would be accomplished or what parts of the government would be slashed.“This will send shockwaves through the system, and anyone involved in Government waste, which is a lot of people!” Mr. Musk said in the statement.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Boeing Will Sell $19 Billion in Stock Amid Costly Strike

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      The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.Boeing on Monday began to raise roughly $19 billion by selling stock, an attempt to shore up its finances as a costly and disruptive worker strike weighs on the plane maker’s balance sheet.The sale comes shortly after the aerospace giant reported a $6.1 billion loss in the last quarter and said it was cutting about 17,000 jobs. A weekslong strike by Boeing machinists is costing the company tens of millions of dollars each day, according to analyst estimates, adding to the financial strain created by long-running production and quality issues.The fund-raising aims to stave off a potential credit rating downgrade, which could make it more expensive for the company to borrow money. Boeing has about $58 billion in debt. S&P Global Ratings said this month that it was considering lowering Boeing’s credit rating to “junk” status, depending on how long the strike continues.Boeing’s shares fell about 1 percent Monday morning. The company’s stock has fallen more than 40 percent this year.Last week, Boeing’s largest union, which represents about 33,000 workers, rejected a tentative labor contract, extending a strike that began last month and has halted airplane production at crucial plants in the Seattle area. The proposed agreement did not address a frozen pension plan that workers were seeking to restore.Boeing indicated in regulatory filings this month that it planned to raise as much as $25 billion by selling stock or debt over the next three years, and the company entered into a $10 billion credit agreement with a group of banks. It described the plans as “two prudent steps to support the company’s access to liquidity.”The plane maker hasn’t reported an annual profit since 2018. Before the machinists’ strike started to weigh on the company, two fatal crashes of Boeing’s 737 Max in 2018 and 2019 cost it billions of dollars and severely damaged its reputation. Concerns about the safety of Boeing’s commercial planes resurfaced in January, when a door panel on a 737 Max 9 jet blew open during an Alaska Airlines flight.The stock sale on Monday covers only the company’s near-term needs, “without an extended strike or further production disruptions,” analysts at Wells Fargo said in a research note. More

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      Boeing Union Workers Reject Contract

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      The vote, hours after Boeing reported a $6.1 billion loss, will extend a monthlong strike at factories where the company makes its best-selling commercial plane.Boeing’s largest union rejected a tentative labor contract on Wednesday, a blow to the aerospace manufacturer and the Biden administration, which had intervened in the hopes of ending an economically damaging strike that began more than five weeks ago.The contract, the second that workers have voted down, was defeated by a wide margin, with 64 percent of those voting opposing the deal, according to the union, the International Association of Machinists and Aerospace Workers. The union represents about 33,000 workers, but it did not disclose how many voted on Wednesday.“This wasn’t enough for our members,” said Jon Holden, president of District 751 of the union, which represents the vast majority of the workers. “They’ve spoken loudly and we’re going to go back to the table.”The vote is a setback for Boeing’s new chief executive, Kelly Ortberg, who is trying to restore Boeing’s reputation and business, which he described in detail earlier on Wednesday. In remarks to workers and investors, Mr. Ortberg said Boeing needed to undergo “fundamental culture change” to stabilize the business and to improve execution.“Our leaders, from me on down, need to be closely integrated with our business and the people who are doing the design and production of our products,” he said. “We need to be on the factory floors, in the back shops and in our engineering labs. We need to know what’s going on, not only with our products, but with our people.”Mr. Ortberg delivered that message alongside the company’s quarterly financial results, which included a loss of more than $6.1 billion. This month, Boeing also announced plans to cut its work force by about 10 percent, which amounts to 17,000 jobs. Boeing also recently disclosed plans to raise as much as $25 billion by selling debt or stock over the next three years as it tries to avoid a damaging downgrade to its credit rating.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Americans Growing Worried About Losing Their Jobs, Labor Survey Shows

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      The New York Fed’s labor market survey showed cracks just as Jerome H. Powell, the Fed chair, prepares for a closely watched Friday speech.Americans are increasingly worried about losing their jobs, a new survey from the Federal Reserve Bank of New York released on Monday showed, a worrying sign at a moment when economists and central bankers are warily monitoring for cracks in the job market.The New York Fed’s July survey of labor market expectations showed that the expected likelihood of becoming unemployed rose to 4.4 percent on average, up from 3.9 percent a year earlier and the highest in data going back to 2014.In fact, the new data showed signs of the labor market cracking across a range of metrics. People reported leaving or losing jobs, marked down their salary expectations and increasingly thought that they would need to work past traditional retirement ages. The share of workers who reported searching for a job in the past four weeks jumped to 28.4 percent — the highest level since the data started — up from 19.4 percent in July 2023.The survey, which quizzes a nationally representative sample of people on their recent economic experience, suggested that meaningful fissures may be forming in the labor market. While it is just one report, it comes at a tense moment, as economists and central bankers watch nervously for signs that the job market is taking a turn for the worse.The unemployment rate has moved up notably over the past year, climbing to 4.3 percent in July. That has put many economy watchers on edge. The jobless rate rarely moves up as sharply as is has recently outside of an economic recession.But the slowdown in the labor market has not been widely backed up by other data. Jobless claims have moved up but remain relatively low. Consumer spending remains robust, with both overall retail sales data and company earnings reports suggesting that shoppers continue to open their wallets.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      X Spaces With Trump and Musk Is Off to a Glitchy Start

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      Elon Musk’s live conversation with former president Donald J. Trump on X got off to a glitchy start on Monday, a setback for the social media service as Mr. Musk pushes the company to regain its dominance as an online epicenter of political discourse.Some users who tried to listen to the conversation, which was hosted on the company’s audio livestreaming feature called Spaces, were greeted by silence and an error message that read: “Details not available.” Users said they had trouble accessing the livestream on desktop computers and mobile phones. Those who were able to get the livestream to work were met with hold music. The Spaces event was originally scheduled to start at 8 p.m. Eastern. The number of attendees fluctuated wildly as users struggled to gain access, drifting between 100,000 and more than 700,000 listeners. Mr. Musk blamed a cyberattack known as a distributed denial of service attack, or DDoS, for the glitches. DDoS attacks work by flooding servers with malicious traffic and knocking them offline. “Worst case, we will proceed with a smaller number of live listeners and post the conversation later,” he wrote. The attack could not immediately be verified.Mr. Musk claimed the system had been tested “with 8 million concurrent listeners” earlier that day.He had spent Sunday evening testing the service to make sure it could stay up and running by streaming himself playing a video game. We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More