IRS plans to cut up to 25% of staff, starting with closing its civil rights office, AP sources sayIn an effort to streamline its operations, the IRS plans to lay off up to 25% of its workforce, including significant cuts to the Office of...
05 Apr, 2025, 06.51 AM IST
US weekly jobless claims fall as labor market stays stable for nowUnemployment benefits claims in the U.S. decreased to 219,000 last week, indicating labor market stability despite concerns about import ta...
03 Apr, 2025, 06.25 PM IST
DOGE's IRS takeover: Internal Revenue Service thrown into turmoil at height of tax season; here's what's happeningDOGE’s takeover of the IRS has thrown the tax season into turmoil, with massive layoffs, leadership changes, and concerns over taxpayer dat...
18 Mar, 2025, 12.02 AM IST
IRS will lay off roughly 7,000 employees amid tax filing season in Trump downsizing spree: 10 point-explainerThe Internal Revenue Service in the United States will lay off around 7,000 employees amid tax filing season as Trump aims to cut jobs in t...
24 Feb, 2025, 04.21 PM IST
Trump purge: In the middle of season as millions file taxes, IRS fires 6,700 employees, mainly auditors dealing with tax compliance issues, and faces massive backlashIRS has laid off 6,700 employees, with over 5,000 auditors and collection staff let go. This decision, coming in the middle of the tax seas...
22 Feb, 2025, 07.48 PM IST
IRS fires 6,000 employees as Trump slashes governmentApproximately 6,000 IRS employees will be terminated, amounting to 6% of its workforce, amidst President Trump's downsizing plan led by Elo...
21 Feb, 2025, 07.24 AM IST
IRS to cut 7,000 jobs as Donald Trump administration pushes federal downsizingThe Internal Revenue Service (IRS) is set to lay off around 7,000 employees across the US as part of the Donald Trump administration’s effo...
21 Feb, 2025, 12.23 AM IST
Where's My Refund? IRS tax refund schedule 2025 – When to expect your money and how to track itWondering, “Where’s my refund?” The IRS tax refund schedule for 2025 is here, helping taxpayers track their payments. Most refunds are issu...
17 Feb, 2025, 06.14 PM IST
US IRS prepares to lay off thousands of workers, sources sayThe U.S. Internal Revenue Service is set to fire thousands of probationary employees, amid tax-filing season. The move aligns with efforts ...
15 Feb, 2025, 07.10 AM IST
US weekly jobless claims decline amid stable labor marketInitial claims for unemployment benefits in the U.S. fell by 7,000 to 213,000, indicating a stable labor market in early February. The Labo...
13 Feb, 2025, 08.29 PM IST
US weekly jobless claims decline more than expectedNew unemployment claims in the U.S. fell more than expected, pointing to low layoffs despite a scarcity of job openings. Claims dropped to ...
30 Jan, 2025, 07.39 PM IST
US weekly jobless claims increase; labor market conditions still healthyNew applications for unemployment benefits in the U.S. rose by 14,000 to 217,000, indicating a still healthy job market. December saw an in...
16 Jan, 2025, 07.31 PM IST
US hiring slowed, laid-off workers are experiencing difficulties finding new jobs. Alarming signs for Donald Trump?Donald Trump will take charge of the US Presidency on January 20 but a few reports have come ahead of the inauguration event.
08 Jan, 2025, 07.57 PM IST
Paytm Payments Bank to cut about 20% of staff as business halt loomsPaytm, formally known as One 97 Communications, owns a 49% stake in the bank which was ordered by the Reserve Bank of India (RBI) at the en...
14 Mar, 2024, 04.23 PM IST
PE, VC investors seek tax parity in budget; Meesho faces seller revolt over returns policyInternet industry body IndiaTech, which represents a clutch of startups and VC investors, also said that the longer holding period for unli...
23 Jan, 2023, 07.34 AM IST
Flipkart spent $1.1B in six months; Facebook may quietly sack 15% of workersFlipkart has made multiple acquisitions and investments, and started several new businesses since late last year. Now, its parent company W...
06 Oct, 2022, 06.59 PM IST
- New US jobless claims rise in sign of weak job market
Initial claims for unemployment benefits rose last week for the second time in three weeks, a sign that layoffs are rising.
01 Jul, 2010, 06.16 PM IST