Keyword: reductions
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Discord, the popular messaging and video calling platform, has announced a significant reduction in its workforce, laying off 17 percent of its staff in a strategic move to streamline operations. The Verge reports Discord has joined the ranks of a number of other tech firms in 2024, laying off a significant amount of its workforce. The company recently announced it plans to lay off 17 percent of its workforce, which is equivalent to around 170 employees.
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Another day, another contradictory economic data point.Just one business day after the latest UMichigan report showed consumer sentiment in January tumbled to the lowest level since 2011, driven in large part by the continued surge in inflation expectations which hit a whopping 5.0% for the 1-year window, the highest since 2008 and a remarkable 3.1% for the 5-10 year period, the highest since 2011 and following a relentless increase over the past two years… … moments ago the NY Fed published its own contradicting view on the critical issue of consumer inflation expectations – critical because the higher it rises,...
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When President Trump announced that he was going to issue an Executive Order in April to reduce the influx of new immigrants and guestworkers during the COVID-19 crisis, he asserted that his goal was to protect the interests of American workers at a time of soaring unemployment, and to ensure that as the economy reopens, laid-off American workers would be first in line to reclaim lost jobs. It didn’t quite work out that way. Bowing to intense pressure from business interests, the Executive Order signed by the president left most immigration and guestworker programs intact, and resulted in only minimal...
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The massive spending deal, negotiated by Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi and agreed to by the president, looks poised to kill off the Budget Control Act of 2011—the law that was meant to restrain federal spending. With that law on the way out, the question arises: Where can fiscal conservatives turn to exert real and lasting fiscal discipline? Thankfully, two members of Congress have introduced a bill to do just that. The Maximizing America’s Prosperity Act—or MAP Act—is a bill proposed by Rep. Kevin Brady, R-Texas, and Sen. Mike Braun, R-Ind., that would limit federal spending...
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President Trump's fiscal 2018 budget proposal would completely eliminate 66 federal programs, for a savings of $26.7 billion. Some of the programs would receive funding for 2018 as part of a phasing-out plan. Here are the programs the administration wants on the chopping block. Agriculture Department — $855 million · McGovern-Dole International Food for Education · Rural Business-Cooperative Service · Rural Water and Waste Disposal Program Account · Single Family Housing Direct Loans Commerce Department — $633 million · Economic Development Administration · Manufacturing Extension Partnership · Minority Business Development Agency · National Oceanic and Atmospheric Administration Grants and Education...
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I believe conservatives should be preparing for what is less than 3 months away. We need to be in the political fight with our resources, not wasting on entertainment, vacations to blue states and cities, consumer goods like IPhone. One, if Obama is reelected do you think any of those things are going to matter. Two, be preparing for the huge tax increase that is coming so why would you want to buying Christmas gifts with credit cards 20% interest rates especially in October. I'm talking about spending on needs not wants, if something breaks and you have to fix...
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BAGHDAD — Multi-National Force - Iraq announced yesterday that two Brigade Combat Teams, who are scheduled to redeploy in the next 6 months, along with associated enabling forces such as logistics, engineers, and intelligence, will not be replaced. Additionally, an F-16 squadron recently redeployed and will not be replaced. This drawdown of forces from Iraq will reduce the total number of U.S. Brigade Combat Teams from 14 to 12. Additionally, a British Combat Brigade will also redeploy without replacement. The reduction is possible due to the increased level of security and stability that Iraq has achieved over the last 12...
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WASHINGTON, April 8, 2008 – The United States should take 45 days after the last “surge” brigade leaves Iraq in July to evaluate the situation before deciding future troop levels, the coalition’s top military commander said here today. Army Gen. David H. Petraeus reported his recommendation in testimony before the Senate Armed Services Committee. He testified along with U.S. Ambassador to Iraq Ryan C. Crocker about the situation in Iraq and progress made since September, when the two leaders last delivered an update to Congress and the president. Petraeus and Crocker both said that while Iraq has made significant...
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WASHINGTON, July 13, 2007 – Now at full strength, the U.S. troop surge in Iraq is showing “definitive progress” and the number of forces serving in Iraq’s Multinational Division North could be halved by summer 2009, U.S. Army Maj. Gen. Benjamin R. Mixon said today. A reduction of U.S. forces under the general’s command could begin as early as January 2008, he told Pentagon reporters via videoconference. Mixon, commander of both Multinational Division North and the U.S. Army’s 25th Infantry Division, is responsible for six Iraqi provinces in northern Iraq, including the city of Baqubah -- site of the ongoing...
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The median hourly wage for American workers has declined 2 percent since 2003, after factoring in inflation. The drop has been especially notable, economists say, because productivity -- the amount that an average worker produces in an hour and the basic wellspring of a nation's living standard -- has risen steadily over the same period. -- "Real Wages Fail to Match a Rise in Productivity" by Steven Greenhouse and David Leonhardt, The New York Times, August 28th, 2006 We decreased the size of our workforce, beginning last summer, by approximately 200 positions. In September, we announced the elimination of another...
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Tuesday is a big day in the BRAC process. Fort Huachuca, like every other military base in the United States, is now in the stretch run. The naming of the commission member is a step toward making the BRAC process a reality. The commission members take the list that will be issued by the Department of Defense on May 16 and will review the military's decisions. What do we hope for from the BRAC commission? First, we hope its members are fair in their review of what bases should be reduced or closed. By this, we hope that the commission...
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Activists taking shots at the planned Trans Texas Corridor have found some legislators willing to take a stab at trimming the colossal super-highway and ensuring that state authorities control the toll rates. Rep. Lois Kolkhorst, R-Brenham, who sits on the appropriations committee and is vice chairman of the House Rural Caucus, said she filed House Bill 1273 in an attempt to balance the huge scope of the corridor with grass-root concerns. "My goal is to better the concept," she said. "I will be very saddened for Texas if we don't have some assurances in place." Kolkhorst was joined by co-authors...
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Kerry Might Reconsider USFK Reductions: Sandy Berger WASHINGTON, D.C. -- Sandy Berger, former White House National Security Advisor and key foreign policy and security advisor to Democratic Party presidential candidate John Kerry, hinted Wednesday that should Kerry win the U.S. presidential election in November, it was possible that the decision to reduce U.S. troops in Korea would be reconsidered. In a keynote address for an international symposium entitled "Regionalism in Northeast Asia: Opportunities and Challenges," hosted by Johns Hopkins University and the Maeil Business Newspaper, Berger said USFK reductions were inappropriate, claiming that pulling 12,000 troops out of Korea at...
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