šŗšøāļøš Trump, Musk Slash Federal Workforce to Historic Lows in 2025 Push
š¹ Summary:
U.S. federal government employment dropped for a fourth consecutive month in April, with over 23,000 jobs cut so far this year under President Trumpās aggressive downsizing plan.
Elon Muskās Department of Government Efficiency is spearheading the effort, targeting a total reduction of 300,000 federal workers by yearās endāpotentially a record-setting purge.
š¹ Key Points:
⢠Aprilās non-postal federal job cuts totaled 8,500, marking continued monthly declines.
⢠More than 260,000 workers have exited via layoffs, buyouts, or early retirement since Trumpās return to office.
⢠The governmentās civilian workforce stood at over 2.4 million at the end of 2024, making current cuts historically significant.
⢠Kalshi betting markets project nearly 300,000 job cuts by December, surpassing records from the Eisenhower era.
⢠Muskās DOGE initiative has not independently disclosed figures but is credited with driving deep restructuring.
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