masslayoffs

Billionaire #Trump adviser #ElonMusk violated the #law [again] with his weekend demand that federal employees explain their accomplishments or risk being fired, attorneys for #FederalWorkers said Monday in a lawsuit.

The updated lawsuit, which was filed in federal court in California…is trying to block #MassLayoffs pursued by #Musk & Trump, including any connected to the email distributed by the #OPM on Sat.

#USpol #idiocracy #DOGE #labor
https://apnews.com/article/musk-trump-federal-workers-firings-email-9785e7f74eb2a8b8fde5e01ff0c7717f

The world’s most widely followed #StockMarket benchmark slid into a correction on Thurs, a drop that underscores how the 2-yr-long bull market [#Bidenomics] is running out of steam in the early days of the #Trump admin.

The move stems from investors’ growing pessimism about the whipsawing policy pronouncements from Trump over the past few weeks. On-again, off-again #tariffs & #MassLayoffs of #FederalWorkers have fomented unease on #WallStreet.

#economy #Trumpcession
https://www.nytimes.com/2025/03/13/business/sp-500-stocks-market-correction.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=2AF81A08-DB10-4E54-BA71-32F938B4D01C