slashing

Block is among major San Francisco Bay Area tech companies slashing their payrolls this year.

With the Trump administration slashing budgets and threatening to revoke tax-exempt status for nonprofits, some Southern California social justice organizations have gone into a defensive crouch, hoping to wait out the passing storm.

To make matters worse, this is happening just as the Trump administration is slashing government programs.

It fits with White House officials’ intent to spur economic growth by slashing regulations.

Member's of Elon Musk's so-called Department of Government Efficiency have been making cuts to the agency since February, with the target of slashing 7,000 jobs.