My eyes rolled so hard reading this, they almost fell out of my head
https://nypost.com/2025/05/02/business/why-the-sec-is-about-to-feel-the-wrath-of-elon-musks-doge/ |
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From Ignites...
SEC Not Done With Job Cuts: Atkins New Chair Paul Atkins says headcount is down 15% and further reductions are still possible. ....Atkins did not rule out the possibility of further job cuts during the Wednesday address, but he also acknowledged that the reductions had created an unspecified number of vacancies that will be filled. He also said the SEC was about to begin a review of the commission's business services contracts, focusing on information technology outsourcing, Reuters reported. |
What a waste. All that effort at cutting, and now hiring again. And then cutting. Just going in circles. |
But, but but the holiday cookie exchanges and lunchtime book clubs! EEK waste |
FWIW he did NOT say there would be hiring from the outside. He made a comment about younger ppl will have opportunities so I suspect internal movement - voluntary or forced - in the next few years. |
| Is there going to be much geographical movement. L, do you suppose. There can’t be anywhere cheaper to move HQ people that would make any kind of sense. |
Fed workers have never experienced anything like this stress or uncertainty before. So asking if it’s always this way is out of context. I’m not a Fed worker and I have compassion for those who are. Those I know are concerned about losing their jobs and it’s all a lot! |
wow. Whoever sent those emails to the NYPost is really a piece of work. |
I actually didn't think it was all that big of a deal as the article makes it out to be. It's not my thing but we do this kinda corporate bs periodically at my private sector employer too. |
It's the pettiest sh-t imaginable - a trivia contest in 2020 and a holiday cookie exchange. What's messed up is somebody sending those to the press as if there's a scandal that needs to be cleaned up. |
I wonder if it was somebody trolling them, to see exactly how little thought they were putting into the gossip mongering. I bet whoever sent it and never expected it to taken seriously. |
I hope not: that's even dumber than sending it in earnest. |
I don’t think so. They can’t lose more people from some of the offices, and probably want to make specific cuts. |
| I don’t get it. We are a budget neutral (in fact bring in more than we spend). And we are important to this industry — and the industry knows it. Why the target? |
All the other agencies are (were) important, too. It's not like pharma wanted the FDA cut, and gutting USAID hurt a lot of US businesses. None of this is about budget or even what industry wants. |