Federal employees cut by DOGE rehired

Hundreds of federal employees, once laid off amid Elon Musk’s cost-cutting initiatives, are now being hired back. In a surprising turn of events, this move signals a major reversal of earlier decisions that drastically reduced the government workforce in Miami.

Statkraft to streamline operations, targeting $291m cost cuts and layoffs

Statkraft has unveiled plans to streamline its operations, aiming for $291 million in cost reductions that include layoffs. The company intends to enhance its competitive advantages by focusing on its flexible hydropower fleet in the Nordics.