Layoff Announcements Soar in March on DOGE Federal Workforce Cuts

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http://investopedia.com/layoff-announcements-soar-in-march-on-doge-federal-work…

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Job cut announcements soared in March with federal workforce layoffs leading the way behind the Trump administration's actions to shrink government agencies. U.S.-based employers announced 275,240 job cuts in March, up nearly 60% from last month and 205% from last year, according to the monthly report from Challenger, Gray & Christmas. More than three-quarters of the job cuts were in the government sector, all of them federal positions. "Job cut announcements were dominated last month by Department of Government Efficiency (DOGE) plans to eliminate positions in the federal government," wrote...