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Benzinga
  • 7 months ago
Donald Trump has moved to rein in Elon Musk's cost-cutting efforts, ordering his cabinet to ensure the "most productive" civil servants are exempted from layoffs.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Donald Trump has moved to rein in Elon Musk's cost-cutting efforts, ordering his cabinet to
00:06ensure the most productive civil servants are exempt from layoffs. Trump emphasized the need
00:11for precision in identifying which employees should be retained. Republican lawmakers and
00:15cabinet members have voiced concerns over the speed and scope of the layoffs. Trump's comments
00:21come amid growing criticism, including calls for more targeted cuts to avoid unnecessary
00:25consequences. Musk agreed to give Republican senators his personal phone number to address
00:30concerns about problematic cuts. For all things money, visit Benzinga.com slash GSTV.
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