The Trump administration is directing all federal businesses to “promptly” start preparations for large-scale layoffs and restructuring, and submit plans for doing achieve this by March 13, in keeping with a brand new memo obtained by ABC Information.
The memo, from White Home funds director Russ Vought, and Charles Ezell, the pinnacle of the Workplace of Personnel Administration, was issued Wednesday morning, and contains directions for businesses to comply with as they work to downsize their workforces, and in some instances, bodily footprints.
The transfer might formally clear the way in which for the administration to start dismantling or shrinking businesses just like the Division of Training and can doubtless immediate a brand new flurry of lawsuits as the method takes form.
“President Trump required that ‘Company Heads shall promptly undertake preparations to provoke large-scale reductions in power (RIFs), in step with relevant legislation.’ President Trump additionally directed that, no later than March 13, 2025, businesses develop Company Reorganization Plans,” the memo states.
It is a growing story. Please verify again for updates.
