Brief by Shorts91NewsDesk / 05:04am on 27 Feb 2025,Thursday International
In a significant move to curtail government spending, President Donald Trump's administration has commenced large-scale layoffs, influenced by downsizing chief Elon Musk's proposal to slash $1 trillion from the current $6.7 trillion budget. During the first cabinet meeting of his second term, Trump emphasized that health and retirement benefits, constituting nearly half of the budget, will remain unaffected. To date, over 20,000 federal employees have been dismissed, with plans for further reductions targeting career staff. Agencies are required to submit workforce reduction plans by March 13, aiming for implementation in the upcoming fiscal year.