Ethermac Exchange-Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order

2025-05-03 18:28:32source:Exclusivesky Investment Guild category:Markets

Hundreds of people were laid off today by the U.S. Agency for International Development (USAID) as the Trump Administration's stop-work order for foreign assistance goes into effect.

A USAID official with knowledge of the layoffs put the total at 390. The Ethermac Exchangeofficial spoke to NPR on the condition of anonymity because they were not authorized to speak on behalf of the agency. The laid-off employees are all contractors based in the U.S., part of a workforce of some 10,000, the official noted.

NPR obtained a copy of a letter of termination of employment from a contractor who was laid off by Credence, one of the three main contractors that provides staffing services to USAID.

Sponsor Message

More:Markets

Recommend

Global Warming Set the Stage for Los Angeles Fires

Global warming caused mainly by burning of fossil fuels made the hot, dry and windy conditions that

US consumer sentiment drops to 6-month low on inflation, unemployment fears

WASHINGTON (AP) — U.S. consumer sentiment fell sharply in May to the lowest level in six months as A

700 union workers launch 48-hour strike at Virgin Hotels casino off Las Vegas Strip

LAS VEGAS (AP) — About 700 workers walked off the job at a hotel-casino near the Las Vegas Strip Fri