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President Trump directs federal job cuts as Musk defends downsizing

Business Standard LogoBusiness Standard10h ago

President Trump directs federal job cuts as Musk defends downsizing - Business Standard

Quick Summary:

Musk’s influence on the effort has been clear, down to the subject line of emails to employees that mimicked those received by eliminated employees of his private companies: “Fork in the Road.

The planned downsizing comes after weeks of increasingly urgent warnings that employees who rejected the voluntary deferred resignation plan — allowing them to get paid through the end of September if they quit in February — could see their jobs eliminated.

He criticised federal judges for blocking several of his actions but added he would “abide by the courts.” A federal judge in Rhode Island said Monday the White House has not fully complied with his order to release billions in federal grant money.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 07:16:30 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 844 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26095993

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 297 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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