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Layoffs Hit Pandemic-Era Heights As Musk Slashes Federal Jobs, Trump's Widespread Tariffs Begin
The US saw one of its largest waves of layoffs in decades, fueled by billionaire Elon Musk's efforts to purge the federal government, as markets fear the financial impacts of President Donald Trump's sweeping new tariffs.
US employers announced 275,240 job cuts in March, outplacement firm Challenger, Gray & Christmas said on Thursday, Apr. 3. That's the third-highest monthly amount since Challenger began tracking layoffs in 1989, only surpassed by the height of the COVID-19 pandemic in April and May of 2020.
So far in 2025, employers have announced 497,052 job cuts — the highe…
NJ Among 10 Most Innovative States, New Study Says: Here's Why
Several states in the Northeast and Mid-Atlantic are setting the pace for US innovation by driving research, technology, and business growth, according to a new study.
WalletHub released its 2025 Most & Least Innovative States study on Wednesday, Mar. 19. The study evaluated all 50 states and Washington, DC, using 25 key factors, including STEM job concentration, research and development spending, and tech industry presence.
Washington, DC, took WalletHub's top spot, driven by its high concentration of professionals in science, technology, engineering, and math. The nation's c…
US Layoffs Surge To 2020 Levels As Economic Turmoil Grows: Study
Layoffs are sweeping across the country at a pace not seen in years, hitting government workers, retail employees, and tech professionals the hardest, according to a new study.
US employers announced 172,017 layoffs in February, the highest total since the height of the COVID-19 pandemic in July 2020, according to a report released by outplacement firm Challenger, Gray & Christmas on Thursday, Mar. 6. Last month's cuts were 245 percent higher than January and more than double the job losses from February 2024.
February marked a dramatic spike in job losses, as businesses and federal age…
New Area Code Coming To NY Metro Area: Here's When, Where
Residents and businesses in parts of New York City will soon need to adapt to a new area code.
The New York State Public Service Commission has announced the introduction of area code 465 to the existing regions served by 347, 718, 917, and 929.
This change affects the Bronx, Brooklyn, Queens, Staten Island, and the Marble Hill section of Manhattan.
“With increased telephone usage, we must accommodate the growing demand for phone numbers,” said Commission Chair Rory M. Christian. “The new area code will ensure that there are enough phone numbers available for New York…
Alleged Eavesdropping Costs $95 Million As Apple Reaches Siri Settlement
Apple will pay a $95 million settlement regarding allegations that its virtual assistant, Siri, eavesdropped on users without their consent, according to multiple reports.
The settlement, filed in federal court in Oakland, California this week, addresses a lawsuit that dates back five years and must be approved by a US District judge at a hearing on Friday, Feb. 14, Bloomberg Law reports.
The lawsuit claims that Siri was activated to record conversations even when users did not use the launching phrase, “Hey, Siri.”
These recordings were allegedly shared with third parties s to target user…
