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10,000 federal health workers are getting laid off, with many discovering they lost their jobs when their security badges didn’t work: ‘Is this an April Fool’s joke?’

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  • As many as 10,000 workers are expected to lose their jobs Tuesday and some are finding out as they try to enter the building that they no longer have jobs. Laid off staffers are being asked to immediately turn in their badges and cellphones at the door. One staffer waiting in line loudly joked: “Is this an April Fool’s joke?”

Employees across the massive U.S. Health and Human Services Department began receiving notices of dismissal on Tuesday in an overhaul ultimately expected to lay off up to 10,000 people. The notices come just days after President Donald Trump moved to strip workers of their collective bargaining rights at HHS and other agencies throughout the government.

At the National Institutes of Health, the world’s leading health and medical agency, the layoffs occurred as its new director, Dr. Jay Bhattacharya, began his first day of work.

Health Secretary Robert F. Kennedy Jr. announced a plan last week to remake the department, which, through its agencies, is responsible for tracking health trends and disease outbreaks, conducting and funding medical research, and monitoring the safety of food and medicine, as well as for administering health insurance programs for nearly half of the country.

The plan would consolidate agencies that oversee billions of dollars for addiction services and community health centers under a new office called the Administration for a Healthy America.

The layoffs are expected to shrink HHS to 62,000 positions, lopping off nearly a quarter of its staff — 10,000 jobs through layoffs and another 10,000 workers who took early retirement and voluntary separation offers.

At the NIH, the cuts included at least four directors of the NIH’s 27 institutes and centers who were put on administrative leave, and nearly entire communications staffs were terminated, according to an agency senior leader, speaking on condition of anonymity to avoid retribution.

An email viewed by The Associated Press shows some senior-level employees of the Bethesda, Maryland, campus who were placed on leave were offered a possible transfer to the Indian Health Service in locations including Alaska and given until end of Wednesday to respond.

Democratic Sen. Patty Murray of Washington predicted the cuts will have ramifications when natural disasters strike or infectious diseases, like the ongoing measles outbreak, spread.

“They may as well be renaming it the Department of Disease because their plan is putting lives in serious jeopardy,” Murray said Friday.

Beyond layoffs at federal health agencies, cuts are beginning to happen at state and local health departments as a result of an HHS move last week to pull back more than $11 billion in COVID-19-related money. Local and state health officials are still assessing the impact, but some health departments have already identified hundreds of jobs that stand to be eliminated because of lost money, “some of them overnight, some of them are already gone,” said Lori Tremmel Freeman, chief executive of the National Association of County and City Health Officials.

Union representatives for HHS employees received a notice Thursday that 8,000 to 10,000 employees will be terminated. The department’s leadership will target positions in human resources, procurement, finance and information technology. Positions in “high cost regions” or that have been deemed “redundant” will be the focus of the layoffs.

Kennedy criticized the department he oversees as an inefficient “sprawling bureaucracy” in a video Thursday announcing the restructuring. He said the department’s $1.7 trillion yearly budget, “has failed to improve the health of Americans.”

“I want to promise you now that we’re going to do more with less,” Kennedy said.

The department on Thursday provided a breakdown of some of the cuts.

__ 3,500 jobs at the Food and Drug Administration, which inspects and sets safety standards for medications, medical devices and foods.

__ 2,400 jobs at the Centers for Disease Control and Prevention, which monitors for infectious disease outbreaks and works with public health agencies nationwide.

__ 1,200 jobs at the NIH.

__ 300 jobs at the Centers for Medicare and Medicaid Services, which oversees the Affordable Care Act marketplace, Medicare and Medicaid.

At the CDC, most employees have not been unionized, but interest rose sharply this year as the Trump administration took steps to reduce the federal workforce. Roughly 2,000 CDC employees in Atlanta belonged to the American Federation of Government Employees local bargaining unit, with hundreds more who had petitioned to join in recent days being added.

But on Thursday night, Trump signed an executive order that would end collective bargaining for a large number of federal agencies, including the CDC and other health agencies.

The erosion of collective bargaining rights was decried by some Democratic lawmakers.

“President Trump’s brazen attempt to strip the majority of federal employees of their union rights robs these workers of their hard-fought protections,” Reps. Gerald Connolly and Bobby Scott, both of Virginia, said in a joint statement Friday.

“This will only give Elon Musk more power to dismantle the people’s government with as little resistance from dedicated civil servants as possible — further weakening the federal government’s ability to serve the American people.”

This story was originally featured on Fortune.com



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Parents hit back at RFK Jr.’s claim that ‘autism destroys families’

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The Education Department has a rude awakening for 5.3 million student loan borrowers: giving their info to debt collectors

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FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.



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Trump’s memecoin enjoys surprise 10% surge after sales lock up is lifted

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President Donald Trump’s personally endorsed memecoin surged over the weekend, despite expectations that its price would tumble as tens of thousands of fresh tokens were released to project insiders.

$Trump, a memecoin launched by Trump in the lead up to his second inauguration, has gained 10% since Friday, when 40 million additional tokens were to be released into circulation. The event, known as a token unlock, was expected to depress the memecoin’s price by increasing its supply but it seems to have had the opposite effect. 

Token unlocks are when a group of people—usually project team members, early investors or advisors—receive their allocated tokens for free or at a lower price after a predetermined amount of time and are allowed to sell them. Token unlocks are a way for project founders to guarantee to investors that they won’t do a rug pull—a common scam in which a memecoin project’s team members dump their holdings at once, tanking the token’s price and leaving investors holding the bag.

The tokens that were released last week were allocated to “creators and CIC digital,” according to the token’s website. While the identity of the token’s creators is unclear, CIC Digital is a company known to be affiliated with Trump. As the $330 million worth of tokens were unlocked, investors feared that these holders would immediately try to turn a profit by dumping the tokens into the market. 

Despite these concerns, the team has not made any significant sales yet, according to crypto analysis firm Chainalysis. “As of 1 p.m. ET on Monday, Chainalysis hasn’t detected any on-chain actions from the creators of $Trump coins,” the firm told Fortune

The token team’s perceived commitment to the project has led to increased confidence in the token’s longevity, leading investors to rush back over the weekend, Dylan Bane, an analyst at research firm Messari, told Fortune. “Because the price hasn’t gone down and a large-scale sale has not occurred, the markets might be pricing in the possibility that the Trump team just chooses to hold on to these tokens,” he said. 

However, this does not mean that the team behind the token won’t ever sell, Bane added. While there were 200 million tokens released for the launch in January, there are staggered unlocks scheduled every few months until 2028, when the total supply of tokens will reach 1 billion. 

“There’s a lot more to be unlocked,” Bane said. “So, if the price goes down, that’s not in the team’s interest since most of their tokens are not unlocked yet.”

Investors’ anxiety with Trump’s memecoin may be justified. The coin’s entry into the market was tumultuous, skyrocketing from $1.21 to $75.35 within its first two days, reaching a total market cap of $14 billion. But the coin’s price began to plummet soon after, and it has lost 90% of its value since Jan. 19. The token’s price now sits at $8.28. 

In the aftermath of the launch, investors lost more than $2 billion, according to an analysis by Chainalysis for The New York Times. Meanwhile, Trump-affiliated entities have produced $350 million in revenue from trading fees and selling the token itself, according to an analysis conducted by the Financial Times

According to the memecoin’s website, two Trump-affiliated entities—CIC Digital and Fight Fight Fight—will own 80% of the 1 billion total $Trump tokens once they are all unlocked in 2028. That would mean, at its current price, Trump’s team stands to walk away from the project with a profit in the billions of dollars. 

It’s unclear how much of the token Trump and his family own directly, if at all. 

This story was originally featured on Fortune.com



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