Categories: व्यापार

White House warns layoffs are imminent if shutdown drags on

By Gram Slattery and Nandita Bose WASHINGTON (Reuters) -The White House warned on Wednesday that worker layoffs are imminent as the first day of the government shutdown unfolded, even as Vice President JD Vance insisted no final decisions have been made. White House press secretary Karoline Leavitt told reporters government agencies are already preparing for cuts. "Unfortunately, because the Democrats shut down the government, the president has directed his Cabinet and the Office of Management and Budget is working with agencies across the board to identify where cuts can be made and we believe that layoffs are imminent," Leavitt said. Vance acknowledged the situation could escalate quickly into layoffs if the shutdown continues even as he said no final decision has been made about whether certain workers will be laid off or furloughed. "Well, first of all, we haven't made any final decisions about what we're going to do with certain workers," Vance told reporters. (Reporting by Gram Slattery and Nandita Bose in Washington; Editing by Chris Reese)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Inkhabar webdesk

Share
Published by Inkhabar webdesk

Recent Posts

Who is Bari Weiss, the iconoclastic new head of CBS News?

By Dawn Chmielewski LOS ANGELES (Reuters) -When Bari Weiss walks into CBS News as editor-in-chief,…

7 minutes ago

Bari Weiss named editor-in-chief of CBS News under Free Press-Paramount deal

By Dawn Chmielewski LOS ANGELES, CALIFORNIA (Reuters) -Paramount Skydance CEO David Ellison has named Bari…

8 minutes ago

BRIEF-American Express Unveils Amex Ads To Connect U.S. Card Members To Premium Brands

Oct 6 (Reuters) - American Express Co: * AMERICAN EXPRESS UNVEILS AMEX ADS TO CONNECT…

18 minutes ago

De Minaur, Auger-Aliassime advance at Shanghai Masters

VIDEO SHOWS: HIGHLIGHTS OF ROUND THREE MATCHES AT THE ATP 1000 SHANGHAI MASTERS  COMPLETE SHOTIST…

18 minutes ago

Better policies, deeper markets help emerging economies weather shocks, says IMF

By Rodrigo Campos NEW YORK (Reuters) -Emerging market economies have become better at weathering major…

22 minutes ago

Verizon names former PayPal boss Dan Schulman as CEO

(Reuters) -Verizon Communications on Monday named former PayPal boss Dan Schulman as its new CEO,…

25 minutes ago