• Bas van Opeheusden recently started his job at OpenAI as a technical staff member.
• He shared 8 pages worth of tips on how to nail the AI job interview.
• He also shared one regret he has from talking with the recruiter.

A researcher who just started at OpenAI is opening up about how he landed the job in such a competitive market — and the one big mistake he made in interviews.

Bas van Opheusden joined OpenAI as a technical staff member in July. In an X post on Tuesday, he shared eight pages worth of tips for nailing the AI job interview.

The document covers everything from general interview advice to coding tips, and what to expect when negotiating comp.

"Some recruiters will play dirty," van Opheusden wrote. "I have had companies give extremely short deadlines, retract offers, ghost me entirely, or 'accidentally' fail to make an offer until after another deadline had expired."

He also shared a mistake he made during the introductory call with recruiters.

The introduction call is customary for many companies early in the hiring process. Van Opheusden said this is often the time for recruiters to explain basic information like who the hiring manager is, what team you'll be on, and, "for startups, what the company's mission and strategy is." He also wrote that recruiters may ask about compensation expectations.

Van Opheusden's advice? "During this call, take notes!" he wrote in bold. It might be the only time someone explains the company's organization chart and team structure, he said.

"I've had coding interviews 2-3 weeks later where someone would ask what role I was applying to and I didn't know," he wrote.

For note-taking, Van Opheusden prefers having dual monitors so that he can take notes while on the call.

"I have a dual-screen setup where I can take notes during a call, and I will move the video call window on my screen so that it looks like I'm making eye contact," he wrote.

Van Opheusden didn't immediately respond to a request for comment from Business Insider.

• Companies such as Peloton, Intel, Meta, Microsoft, BlackRock, and UPS have trimmed staff this year.
• In some cases, artificial intelligence is reshaping workforces.
• See the list of companies letting workers go in 2025.

The list of companies laying off employees this year is growing.

Layoffs and other workforce reductions have continued in 2025, following two years of significant job cuts in tech, media, finance, manufacturing, retail, and energy.

While the reasons for slimming staff vary, the cost-cutting measures are coming amid technological change. A World Economic Forum survey found that some 41% of companies worldwide expect to reduce their workforces over the next five years because of the rise of artificial intelligence.

Companies such as Oracle, CNN, Dropbox, and Block have previously announced job cuts related to AI. Though Amazon has not announced job cuts this year, CEO Andy Jassy told employees in June that the company will need "fewer people doing some of the jobs that are being done today" in the coming years as it expands its use of generative AI and agents.

Meanwhile, tech jobs in big data, fintech, and AI are expected to double by 2030, according to the WEF.

Here are the companies with job cuts planned or already underway in 2025 so far, in alphabetical order.

Adidas plans to cut up to 500 jobs in Germany.

Adidas said in January that it would reduce the size of its workforce at its headquarters in Herzogenaurach, Germany, affecting up to 500 jobs, CNBC reported.

If fully executed, it amounts to a reduction of nearly 9% at the company headquarters, which employs about 5,800 employees, according to the Adidas website.

The news came shortly after the company announced it had outperformed its profit expectations at the end of 2024, touting "better-than-expected" results in the fourth quarter.

An Adidas spokesperson said the company had grown "too complex because of our current operating model."

"To set adidas up for long-term success, we are now starting to look at how we align our operating model with the reality of how we work. This may have an impact on the organizational structure and number of roles based at our HQ in Herzogenaurach."

The company said it is not a cost-cutting measure and could not confirm concrete numbers.

Ally is cutting less than 5% of workers.

The digital-financial-services company Ally is laying off roughly 500 of its 11,000 employees, a spokesperson confirmed to BI.

"As we continue to right-size our company, we made the difficult decision to selectively reduce our workforce in some areas, while continuing to hire in our other areas of our business," the spokesperson said.

The spokesperson also said the company was offering severance, outplacement support, and the opportunity to apply for openings at Ally.

Ally made a similar level of cuts in October 2023, the Charlotte Observer reported.

Automattic, Tumblr's parent, cuts 16% of staff

Automattic, the parent company of Tumblr and WordPress, said in April it is cutting 16% of its staff globally. The company's website said it has nearly 1,500 employees.

Automattic's CEO, Matt Mullenweg, said in a note to employees posted online that the company has reached an "important crossroads."

"While our revenue continues to grow, Automattic operates in a highly competitive market, and technology is evolving at unprecedented levels," the note read.

The company is restructuring to improve its "productivity, profitability, and capacity to invest," it added.

The company said it was offering severance and job placement resources to affected employees.

BlackRock is cutting 1% of its workforce.

BlackRock told employees it was planning to cut about 200 people of its 21,000-strong workforce, Bloomberg reported in January.

The reductions were more than offset by some 3,750 workers who were added last year and another 2,000 expected to be added in 2025.

BlackRock's president, Rob Kapito, and its chief operating officer, Rob Goldstein, said the cuts would help realign the firm's resources with its strategy, Bloomberg reported.

Block to lay off nearly 1,000 workers

Jack Dorsey's fintech company, Block, is laying off nearly 1,000 employees, according to TechCrunch and The Guardian, in its second major workforce reduction in just over a year.

The company, which operates Square, Afterpay, CashApp, and Tidal, is transitioning nearly 200 managers into non-management roles and closing almost 800 open positions, according to an email obtained by TechCrunch.

Dorsey, who co-founded Block in 2009 after previously leading Twitter, announced the layoffs in March in an internal email titled "smaller block."

The restructuring is part of a broader effort to streamline operations, though Block maintains the changes are not driven by financial targets or AI replacements.

Bloomberg is making cuts in an overhaul of its newsroom

Bloomberg is cutting some editorial staff as the company reorganizes its newsroom, according to a memo viewed by BI. The larger strategy aims to have a larger headcount by the end of this year, however.

The newsroom currently employs around 2,700 people, and the changes will merge some smaller teams into larger units, the memo said.

Blue Origin is laying off one-tenth of its workforce

Jeff Bezos's rocket company, Blue Origin, is laying off about 10% of its workforce, a move that could affect more than 1,000 employees.

In a memo sent to staff in February and obtained by Business Insider, David Limp, the CEO of Blue Origin, said the company's priority going forward was "to scale our manufacturing output and launch cadence with speed, decisiveness and efficiency for our customers."

Limp specifically identified roles in engineering, research and development, and management as targets.

"We grew and hired incredibly fast in the last few years, and with that growth came more bureaucracy and less focus than we needed," Limp wrote. "It also became clear that the makeup of our organization must change to ensure our roles are best aligned with executing these priorities."

The news comes after January's debut launch of the company's partially reusable rocket — New Glenn.

Boeing cut 400 roles from its moon rocket program

Boeing announced on February 8 that it plans to cut 400 roles from its moon rocket program amid delays and rising costs related to NASA's Artemis moon exploration missions.

Artemis 2, a crewed flight to orbit the moon on Boeing's space launch system, has been rescheduled from late 2024 to September 2025. Artemis 3, intended to be the first astronaut moon landing in the program, was delayed from late 2025 and is now planned for September 2026.

"To align with revisions to the Artemis program and cost expectations, we informed our Space Launch Systems team of the potential for approximately 400 fewer positions by April 2025," a Boeing spokesperson told Business Insider. "We are working with our customer and seeking opportunities to redeploy employees across our company to minimize job losses and retain our talented teammates."

The company will issue 60-day notices of involuntary layoff to impacted employees "in coming weeks," the spokesperson said.

Boeing cut 10% of its workforce last year.

BP slashed 7,700 staff and contractor positions worldwide

BP told Business Insider in January that it planned to cut 4,700 staff and 3,000 contractors, amounting to about 5% of its global workforce.

The cuts were part of a program to "simplify and focus" BP that began last year.

"We are strengthening our competitiveness and building in resilience as we lower our costs, drive performance improvement and play to our distinctive capabilities," the company said.

Bridgewater cut about 90 staff

Bridgewater Associates cut 7% of its staff in January in an effort to stay lean, a person familiar with the matter told Business Insider.

The layoffs at the world's largest hedge fund bring its head count back to where it was in 2023, the person said.

The company's founder, Ray Dalio, said in a 2019 interview that about 30% of new employees were leaving the firm within 18 months.

Bumble said it intends to cut 30% of its workforce.

In a June 23 securities filing, Bumble said it plans to slash 240 roles, about 30% of its workforce. The dating app company said the cuts will result in charges between $13 million and $18 million in its third and fourth quarters.

"We recently made some difficult decisions to adjust our team structure in order to align with our strategic priorities," a Bumble spokesperson said.

They told BI that the decision to lay off over 200 employees wasn't "made lightly."

Burberry says it plans on cutting 1,700 jobs

Burberry announced 1,700 job cuts in May, or about 18% of its global workforce, as part of plans to cut costs by about £100 million ($130 million) by 2027.

It plans to end night shifts at its Yorkshire raincoat factory due to production over-capacity.

The British company sunk to an operating loss of £3 million for the year to the end of March, compared with a £418 million profit for the previous 12 months.

Chevron is slashing up to 20% of its global head count

Oil giant Chevron plans to cull 15% to 20% of its global workforce by the end of 2026, the company said in a statement to Business Insider in February.

Chevron employed 45,600 people as of December 2023, which means the layoff could cut 9,000 jobs.

The move aims to reduce costs and simplify the company's business as it completes its acquisition of oil producer Hess, which is held up in legal limbo. It is expected to save the company $2 billion to $3 billion by the end of 2026, the company said.

"Chevron is taking action to simplify our organizational structure, execute faster and more effectively, and position the company for stronger long-term competitiveness," a Chevron spokesperson said in a statement.

The cuts follow a series of layoffs at other oil and gas companies, including BP and natural gas producer EQT.

CNN plans to cut 200 jobs

Cable news giant CNN cut about 200 television-focused roles as part of a digital pivot. The cuts amounted to about 6% of the company's workforce.

In a memo sent to staff on January 23, CNN's CEO Mark Thompson said he aimed to "shift CNN's gravity towards the platforms and products where the audience themselves are shifting and, by doing that, to secure CNN's future as one of the world's greatest news organizations."

Coty is cutting about 700 jobs

Coty, which sells cosmetics and fragrances under brands such as Kylie Cosmetics, Calvin Klein, and Burberry, is cutting about 700 jobs.

The company said on April 24 it aimed to cut costs by $130 million a year. Sue Nabi, the CEO, said it aimed to build a "stronger, more resilient Coty that is well-positioned for sustainable growth."

CrowdStrike is cutting about 500 jobs

CrowdStrike, the Texas-headquartered cybersecurity firm, is cutting about 500 jobs, or 5% of its global workforce, as part of a strategic plan to "yield greater efficiencies."

It expects the layoffs to cost between $36 million and $53 million.

CrowdStrike is aiming to generate $10 billion in annual recurring revenue.

The company reported worse-than-expected annual results in March, signaling that it was yet to fully recover from a widespread tech outage linked to CrowdStrike in July 2024.

Disney says it's laying off several hundred employees

Disney confirmed to BI on June 2 that it was laying off several hundred employees globally.

Most of the cuts were to roles in marketing for films and TV under the Disney Entertainment division. Other roles affected included employees in publicity, casting, and development, as well as corporate finance.

In March, the company also cut around 200 people from its ABC News Group and Disney Entertainment Networks. In 2024, the company also had several rounds of layoffs.

Shortly after Bob Iger returned to the company as CEO in 2022, he said 7,000 jobs at Disney would be cut as part of a reorganization.

Estée Lauder will cut as many as 7,000 jobs

Cosmetics giant Estée Lauder said in its second-quarter earnings release on February 4 that it will cut between 5,800 and 7,000 jobs as the company restructures over the next two years.

The cuts will focus on "rightsizing" certain teams, and it will look to outsource certain services. The company says it expects annual gross benefits of between $0.8 billion and $1.0 billion before tax.

Geico has axed tens of thousands of workers

Berkshire Hathaway Vice Chair of Insurance Operations Ajit Jain says Geico has reduced its workforce from about 50,000 to about 20,000. Jain revealed the reductions during Berkshire Hathaway's annual meeting on May 3 but did not detail over what time frame they took place. Berkshire Hathaway is one of Geico's parent companies.

Warren Buffett's company reported its 2025 first-quarter earnings on during the May 3 meeting, saying Geico earned nearly $2.2 billion in pre-tax underwriting.

GrubHub announced 500 job cuts

Grubhub CEO Howard Migdal announced 500 job cuts on February 28 after selling the company to Wonder Group for $650 million.

With more than 2,200 full time employees, the number of cuts will affect more than 20% of Grubhub's previous workforce.

According to Reuters, Just Eat Takeaway, an Amsterdam-listed company, sold Grubhub at a steep loss compared to the billions it paid a few years prior after grappling with slowing growth and high taxes.

HPE is laying off 2,500 employees

Hewlett Packard Enterprise is cutting 2,500 jobs, or 5% of its employee base, CEO Antonio Neri said on an earnings call on March 6. The cuts are expected take to take place over the next 12 to 18 months.

"Doing so will better align our cost structure to our business mix and long-term strategy," Neri said. The company expects to save $350 million by 2027 because of the reduction.

HPE plummeted about 20% after hours on March 6 after it said business would be affected by recent tariffs, slow server and cloud sales, and "execution issues."

Intel to cut at least 15% of its factory workers

Chipmaker Intel is laying off more than 5,000 employees across four US states, according to a July 16 government filing.

Most of the cuts are happening in California and Oregon, while others are in Texas and Arizona, per updated Worker Adjustment and Retraining Notification, or WARN, filings.

Intel began laying off employees in July as part of planned job cuts, the company said in a regulatory filing.

The company told staff on June 14 to expect 15% to 20% of employees in its Foundry division to be laid off this summer, according to a memo reported by The Oregonian. Intel confirmed the authenticity of the memo to BI but declined to comment on its contents.

As of December 2024, Intel employed about 108,900 people. In its annual report, the company told investors that it would reduce its "core Intel workforce" by about 15% in early 2025.

"Removing organizational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution," an Intel spokesperson told BI.

Johns Hopkins University

Johns Hopkins University will cut over 2,000 jobs after losing $800 million in funding from USAID.

"This is a difficult day for our entire community," a spokesperson told BI. "The termination of more than $800 million in USAID funding is now forcing us to wind down critical work here in Baltimore and internationally."

The news comes after the Trump administration slashed USAID personnel down from over 10,000 to around 300. Secretary of State Marco Rubio recently confirmed that 83% of the agency's programs are now dead.

"We can confirm that the elimination of foreign aid funding has led to the loss of 1,975 positions in 44 countries internationally and 247 in the United States in the affected programs," the Johns Hopkins spokesperson said. "An additional 29 international and 78 domestic employees will be furloughed with a reduced schedule."

The layoffs at Johns Hopkins represent the "largest" in the university's history, CNN reported. They'll primarily affect the schools of medicine and public health, along with the Center for Communication Programs and Jhpiego, a nonprofit with a focus on preventing diseases and bolstering women's health, according to the report.

Kohl's is reducing about 10% of its roles

Department store Kohl's announced on January 28 that it reduced about 10% of its corporate roles to "increase efficiencies" and "improve profitability for the long-term health and benefit of the business," a spokesperson told BI.

"Kohl's reduced approximately 10 percent of the roles that report into its corporate offices," the spokesperson said. "More than half of the total reduction will come from closing open positions while the remainder of the positions were currently held by our associates."

Less than 200 existing employees of the company would be impacted, she added.

This follows the company's announcement on January 9 that it would shutter 27 underperforming stores across 15 states by April.

The retailer has been struggling with declining sales, reporting an 8.8% decline in net sales in the third quarter of 2024.

Its previous CEO, Tom Kingsbury, stepped down on January 15. The company's board appointed Ashley Buchanan, a retail veteran who had held top jobs in The Michaels Companies, Macy's, and Walmart, as the new CEO.

Meta is cutting 5% of its workforce

Meta CEO Mark Zuckerberg told staff he "decided to raise the bar on performance management" and will act quickly to "move out low-performers," according to an internal memo seen by BI in January.

Those cuts started in February, according to records obtained by BI. Teams overseeing Facebook, the Horizon virtual reality platform, as well as logistics were among the hardest hit.

In April, Meta also laid off an undisclosed number of employees on the Reality Labs virtual reality division.

Previously, the company had laid off more than 21,000 workers since 2022.

Microchip Technology is slashing 2,000 jobs

Microchip Technology is cutting its head count across the company by around 2,000 employees, the semiconductor company said on March 3.

The company estimated that it would incur between $30 million and $40 million in costs, including severance, severance benefits, and other restructuring costs.

The cuts would be communicated to employees in the March quarter and fully implemented by the end of the June quarter.

Last year, Microchip announced it was closing its Tempe, Arizona, facility because of slower-than-anticipated orders. The closure begins in May 2025 and is expected to affect 500 jobs.

Microchip's stock had fallen over 33% in the past year.

Microsoft has made several rounds of cuts this year

Microsoft cut an unspecified number of jobs in January based on employees' performance.

Workers were told that they wouldn't receive severance and that their benefits, such as medical insurance, would stop immediately, BI reported.

The company also laid off some employees in January at divisions including gaming and sales. A Microsoft spokesperson declined to say how many jobs were cut on the affected teams.

In May, the company announced layoffs affecting about 6,000 workers.

Another round of layoffs in July will affect less than 4% of its total workforce, or roughly 9,000 employees, based on its head count of around 220,000.

Morgan Stanley plans cuts for the end of March

Morgan Stanley is set to initiate a round of layoffs beginning at the end of March. The firm is eyeing cuts to about 2% to 3% of its global workforce, which would equate to between 1,600 to 2,400 jobs, according to a person familiar with the matter who confirmed the reductions to BI.

The firm's cuts are driven by several imperatives, the person said, pointing to considerations like operational efficiency, evolving business priorities, and individual employees' performance. The person said the cuts are not related to broader market conditions, such as the recent slowdown in mergers and acquisitions that's arrested momentum on Wall Street.

Some MS staffers will be excluded from the cuts, however — namely, the bank's battalion of financial advisors — though some who assist them, such as administrative personnel in its wealth-management unit, could be affected by the layoffs, the person added.

Nextdoor is slashing 12% of its staff

Neighborhood social networking company Nextdoor is cutting 12% of its staff, or 67 jobs, it said on August 7 in its second-quarter earnings report. The move is part of CEO Nirav Tolia's plan to achieve profitability and reorganize the struggling company.

The layoffs are expected to reduce operating expenses by about $30 million, it said in the earnings report.

The company reported a net loss of $15 million, compared to $43 million year-over-year.

Nissan says it will cut 20,000 jobs by 2027

Japanese car giant Nissan is cutting 20,000 jobs by 2027 and reducing the number of factories it operates from 17 to 10 as it struggles with a dire financial situation.

The job losses include the 9,000 layoffs announced late last year, and come as the automaker faces headwinds from US tariffs on imported vehicles and collapsing sales in China.

Nissan reported a net loss of 671 billion yen ($4.5 billion) for the 2024 financial year, and said it would not issue an operating profit forecast for 2025 because of tariff uncertainty.

Oracle is reportedly cutting jobs from its cloud division.

Oracle is cutting jobs in its cloud unit, Bloomberg reported. The cuts come as the company works to curb costs amid spending on AI infrastructure.

Sources familiar with the cuts told Bloomberg that some of the cuts were related to performance issues.

Oracle did not immediately respond to a request for comment from Business Insider.

Panasonic is cutting 10,000 jobs

Panasonic, the Japanese-headquartered multinational electronics manufacturer, plans to cut 10,000 jobs this financial year, which ends in March 2026. The cuts will affect 5,000 roles in Japan and 5,000 overseas.

In a statement on May 9, the company said it planned to "thoroughly review operational efficiency … mainly in sales and indirect departments, and reevaluate the numbers of organisations and personnel actually needed."

"Through these measures, the company will optimize our personnel on a global scale," the statement added.

Paramount is cutting 3.5% of its US workforce

Paramount told employees it would be laying off 3.5% of US-based staff based in the US, per a memo reported by CNBC on June 10, citing industry-wide declines and a challenging macroeconomic environment.

The move comes after the media company cut 15% of jobs last year to cut costs. Paramount had 18,600 employees at the end of 2024.

It is awaiting regulatory approval of its merger with Skydance Media.

Peloton is looking for $100 million in run-rate savings by next year

Peloton said in its August earnings report that it would cut its global headcount as part of an effort to find $100 million in run-rate cost savings by the end of the next fiscal year.

"As of today, we will have actioned about roughly half of the run rate savings through the reductions in our workforce and we expect to achieve the remainder throughout the balance of the year," CFO Elizabeth Coddington told investors on the earnings call.

The company employed about 2,900 people last year, and approximately 6% of the workforce will be affected by the reductions, Reuters reported.

Porsche is cutting 3,900 jobs over the next few years

Porsche said on March 12 that it plans to cut 3,900 jobs in the coming years.

About 2,000 of the reductions will come with the expiration of fixed-term contractor positions, the German automaker said. The company will make the other 1,900 reductions by 2029 through natural attrition and limiting hiring, it said.

Porsche said it also plans to discuss more potential changes with labor leaders in the second half of the year. "This will also make Porsche even more efficient in the medium and long term," the company said.

PwC is laying off approximately 2% of its US workforce

The Big Four accounting firm said it's cutting roughly 1,500 jobs in the US because its low attrition rates mean not enough people are leaving by choice.

PwC's layoffs began on May 5 and mostly affect the firm's audit and tax lines, a person familiar with the matter told Business Insider.

"This was a difficult decision, and we made it with care, thoughtfulness, and a deep awareness of its impact on our people, appreciating that historically low levels of attrition over consecutive years have made it necessary to take this step," a PwC spokesperson said.

Salesforce is cutting more than 1,000 jobs

Bloomberg reported in February that Salesforce, a cloud-based customer management software company, will slash more than 1,000 jobs from its nearly 73,000-strong workforce.

Affected employees will be eligible to apply to open internal roles, the outlet reported. The company is hiring salespeople focused on the company's new AI-powered products.

The cuts come despite Salesforce reporting a strong financial performance during its third-quarter earnings in December.

Salesforce did not respond to a request for comment.

Scale AI is cutting 14% of its workforce

On July 16, Scale AI laid off about 200 full-time employees and 500 contractors, according to the company.

The 200 full-time cuts make up 14% of the data labeling startup's 1,400-person workforce.

The company is restructuring its generative AI group, according to an email from Scale's interim CEO, Jason Droege, obtained by Business Insider.

The cuts follow Meta's $14 billion investment in Scale AI in June as part of a blockbuster deal. The deal included the hiring of Scale's ex-CEO, Alexandr Wang, and the purchase of equity in almost half of the startup.

Sonos cuts about 200 jobs

Sonos, a California-based audio equipment company, said in a February 5 release that it's cutting about 200 roles.

The announcement came nearly a month after Sonos CEO Patrick Spence stepped down following a disastrous app rollout. Interim CEO Tom Conrad said in the statement that the layoffs were part of an effort to create a "simpler organization."

Southwest Airlines

Southwest Airlines CEO Bob Jordan announced in February that the company is laying off 15% of its corporate staff, or about 1,750 employees.

He said affected workers will keep their pay, benefits, and bonuses through late April, when the separations will take effect.

The company told investors the cuts would save about $210 million this year and $300 million in 2026.

The move comes as Southwest tries to cut costs amid profitability problems. Jordan said this is the first significant layoff the company has had in its 53-year history.

An activist hedge fund took a stake in Southwest in June and has since helped restructure its board and change its business model to keep up with a changing industry. For example, it plans to end its long-standing open-seating policy to generate more seating revenue.

In recent months, the company has also reduced flight crew positions in Atlanta to cut costs.

Starbucks is laying off 1,100 corporate staff

Starbucks planned to notify 1,100 corporate employees that they had been laid off on February 25.

CEO Brian Niccol said in a memo that the layoffs will make Starbucks "operate more efficiently, increase accountability, reduce complexity and drive better integration."

The layoffs won't affect employees at Starbucks stores, the company said.

Niccol told employees that layoffs were on the way in a separate memo in January. The company is trying to improve results after sales slid last year.

Stripe laid off 300 employees

Payments platform Stripe laid off 300 employees, primarily in product, engineering, and operations, according to a January 20 memo obtained by BI.

Chief people officer Rob McIntosh said in the memo that the company still planned on growing its head count to about 10,000 employees by the end of the year.

UPS is cutting 20,000 jobs

UPS announced on April 29 that it plans to cut 20,000 jobs this year — about 4% of its global workforce — as part of a shift toward automation and a strategic reduction in business with Amazon.

"With our action, we will emerge as an even stronger, more nimble UPS," the company's CEO, Carol Tomé, said in a statement.

The move follows a sharp 16% drop in Amazon package volume in Q4 and is part of a plan to halve its Amazon business by mid-2026. UPS will also close 73 US buildings by June and automate 400 facilities to reduce labor dependency.

The Teamsters union have said they would fight any layoffs affecting its members.

The Washington Post cut 4% of its non-newsroom workforce

The Washington Post eliminated fewer than 100 employees in an effort to cut costs, Reuters reported in January.

A spokesperson told the news agency that the cuts wouldn't affect the newsroom: "The Washington Post is continuing its transformation to meet the needs of the industry, build a more sustainable future and reach audiences where they are."

Wayfair laid off 340 tech employees

Wayfair announced in an SEC filing on March 7 that it would eliminate its Austin Technology Development Center and lay off around 340 tech workers.

The reorg comes as the technology team has accomplished "significant modernization and replatforming milestones," the company said in the filing. Wayfair said it plans to refocus resources and streamline operations to promote its "next phase of growth."

"With the foundation of this transformation now in place, our technology needs have shifted," the company said.

Wayfair expects to take on $33 to $38 million in costs as a result of the reorganization, consisting of severance, cash employee-related costs, benefits, and transitional costs.

Workday cut more than 8% of its workforce

Workday, the human-resources software company, said in February that it is cutting 8.5% of its workforce, or around 1,750 employees. The layoffs came as the company focuses more on artificial intelligence.

In a note to employees, CEO Carl Eschenbach said that Workday will focus on hiring in areas related to artificial intelligence and work to expand its global presence.

"The environment we're operating in today demands a new approach, particularly given our size and scale," Eschenbach wrote. He said that affected employees will get at least 12 weeks of pay.

Is your company conducting layoffs? Got a tip?

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• Rivian reported mixed Q2 earnings results; the stock fell about 5% after trading hours.
• The company says it expects headwinds due to changing policies around EVs in the US.
• Tariffs will impact the cost of production by a "couple thousand dollars," Rivian's CFO said.

Rivian is expected to experience some headwinds in the near future due to the rapidly evolving policies that impact EV production in the US.

Rivian's CEO, RJ Scaringe, said during the company's second-quarter earnings call on Tuesday that the "changes to EV tax credits, regulatory credits, trade regulation, and tariffs are expected to have an impact on the results and the cash flow of our business."

The company increased its anticipated EBITDA losses — or earnings before interest, taxes, depreciation, and amortization — to a range of $2 billion to $2.5 billion for the 2025 fiscal year. That's up from the previous guidance of $1.7 billion to $1.9 billion reported last quarter.

Claire McDonough, Rivian's chief financial officer, provided a sobering picture of how the policy environment will have an impact on Rivian's business.

The CFO said the company expects to "roughly break even" for total gross profit by the end of 2025. Total sales in regulatory credits — or credits that automakers receive in the US to incentivize EV production — are expected to be around $160 million, nearly half of its prior outlook of $300 million in regulatory credit sales, according to McDonough.

Production costs will also increase for the remainder of the year, McDonough said.

Recent policy changes will impact Rivian's cash flow, she said, and "this includes increased tariffs, which had a minimal impact during the second quarter but are expected to have a net impact of a couple thousand dollars per unit for the remainder of 2025."

Guidance and results for Rivian's second quarter provide a snapshot of how the Trump Administration's move to eliminate federal incentives for EVs, such as a $7,500 clean vehicle credit, will impact automakers.

Tesla, the leading EV company in the US, and other automakers have been urging consumers to buy their electric cars before the tax credits expire later this year.

Scaringe previously told BI that the end of the EV credits will have minimal impact on his company, but it will ultimately slow down US automakers' momentum to transition from gas-powered cars to electric vehicles.

"I think that the move away from some of the tailwinds that were previously in place for electric vehicles is actually good for Rivian, it's good for Tesla, it's bad for the US auto industry, and it's bad for my kids," he said at the time.

Despite the near-term challenges, Rivian appears to be on track to deliver its much-anticipated R2 model, a $45,000 to $50,000 midsize SUV expected to come next year.

Scaringe said during the call that Rivian has secured contracts with suppliers that ensure the cost of making R2 will be about "half that of R1."

"We've spent the last two years in development and time negotiating with suppliers — to put in place contracts that we both selected —suppliers that can scale with us and ramp appropriately, but also can deliver a much lower cost structure," he said.

The company reported a mixed second-quarter earnings result, slightly beating Wall Street estimates on revenue — $1.3 billion vs. $1.28 billion estimate — while reporting higher operating losses than anticipated. Total operating expenses were $908 million, Rivian reported, slightly missing the Street's estimate of $876.2 million.

Rivian's stock fell about 5% after trading hours.

• Waymo on Thursday announced a service area expansion in Austin.
• The move came a few days after Tesla showed off an expanded phallic-shaped geofence.
• Robotaxi fans will find that the service area expansions come with a few limitations.

Tesla and Waymo seem to be duking it out over who has the bigger size — and size in this case refers to the companies' respective robotaxi boundaries in Austin.

Waymo has been offering self-driving rides to the general public for a few months, and Tesla has been testing out rides to a limited number of invitees last month.

Three days after Tesla showed off an expanded, phallic-shaped geofence in Austin, Waymo on Thursday said that it has more than doubled its service area in the city from about 37 square miles to 90 square miles.

The coverage area includes new neighborhoods such as Crestview, Windsor Park, Sunset Valley, Franklin Park, and more, according to Waymo.

Lovers of robotaxis might have to temper Tesla's and Waymo's ability to please — for now.

For Tesla, unless you're one of the handful of people who received an invite from the company or know someone who got an invite, you'll have to wait until the company opens the service up to the broader public.

It's unclear when that will happen. Tesla's latest announcement of the service area expansion didn't mention whether the company was adding more robotaxis on the road or inviting more passengers.

Tesla CEO Elon Musk has pledged that the robotaxi service will ramp up quickly.

A Tesla spokesperson did not respond to a request for comment.

Waymo said that the service area expansion will allow more people in Austin to experience a fully autonomous ride.

However, the service is only available through the Uber app, which does not allow users to request a robotaxi. Users can only opt in for the option. This means the app will decide to pair users up with a human driver or a robotaxi, depending on what's available first or what's more time-efficient.

When trying to hail a Waymo in Downtown Austin on Thursday, Business Insider found in repeated tests that Uber will pair users with a human driver when the destination calls for going on the 35 highway or MoPac Expressway.

Waymo currently doesn't take public passengers on the highway.

Chris Bonelli, a spokesperson for Waymo, told BI in an email that a rider will likely be matched with an Uber driver if a more optimal route requires going on the freeway.

Waymo employees are currently taking fully autonomous freeway rides in San Francisco, Los Angeles, and Phoenix, Bonelli said.

When Business Insider set a closer destination that doesn't require a highway or toll, Uber immediately suggested a Waymo.

A spokesperson for Uber did not respond to a request for comment.

• Elon Musk said on X that he's forming a new political party amid a feud with President Donald Trump.
• He said it would be called the "America Party."
• Musk has publicly criticized Trump's spending bill, which the president signed on July 4.

Elon Musk declared on X the formation of a new political party amid his ongoing feud with President Donald Trump over the "Big Beautiful Bill."

"Today, the America Party is formed to give you back your freedom," Musk wrote in an X post on Saturday.

The Tesla and SpaceX CEO had said Friday on his social media platform that one way the new party could work is to focus on winning just a handful of Senate seats and House districts that could serve as the "deciding vote" on "contentious laws," given the "razor-thin legislative margins" in Congress.

Musk said in an X post on Sunday that while his party may consider "backing a candidate for president" down the line, its main focus "for the next 12 months is on the House and the Senate."

In response, Trump said on his Truth Social platform on Sunday that Musk had gone "completely off the rails."

"He even wants to start a Third Political Party, despite the fact that they have never succeeded in the United States," the president wrote at the start of a lengthy post. Trump went on to imply that Musk was angry because the spending bill eliminated incentives to buy electric cars.

When asked about the America Party, Treasury Secretary Scott Bessent said in an interview with CNN's "State of the Union" on Sunday that the boards of Musk's companies would rather he focus on business than on politics.

"Look, the principles of DOGE were very popular. I think, if you looked at the polling, Elon was not," Bessent told CNN.

"The polling for me was very positive a year ago, which is why Trump used me so much," Musk wrote in an X post on Sunday in response to Bessent's remarks.

Musk's popularity has taken a significant hit. He originally had a nearly 50% favorability rating in November, but it fell to 35% last month, per polls from Economist-YouGov.

Fellow billionaire Mark Cuban, meanwhile, appeared — not for the first time — to support the idea of a new party, replying to Musk's Saturday announcement with a series of fireworks and fire emojis.

"I work with @voterchoice. They will help you get on ballots. That is their mission," Cuban wrote in another post.

SkyBridge Capital founder Anthony Scaramucci, who briefly served as White House communications director under Trump in 2017, also reached out to Musk.

"I would like to meet to discuss. My DMs are open," he replied to Musk.

Musk's "America Party" announcement came after he conducted a July 4 poll, asking X users if they want "independence" from the two-party system. About 65% of the 1.25 million participants voted "Yes."

Musk, who was a staunch supporter of Trump's 2024 reelection bid, has been publicly critical of the president's "Big Beautiful Bill," a sweeping domestic policy bill that includes extensive tax cuts and could add more than $3 trillion to the national debt, according to the Congressional Budget Office.

Musk has characterized the bill on X as a form of "debt slavery."

Just days after stepping away from his work at the White House DOGE Office, which was tasked with cutting spending and reducing the deficit, Musk in June called the legislation a "massive, outrageous, pork-filled Congressional spending bill."

Musk then proposed the idea of forming a new political party that represents the "80% in the middle."

Musk's repeated attacks on the bill led to a spectacular public fallout between him and the president. Trump even suggested that his office would look into possibly deporting Musk, a South African immigrant.

Musk's July 4 poll on X came the same day Trump signed the bill into law.

Musk and a White House spokesperson did not respond to a request for comment.

Musk's back-and-forth regarding his involvement in political affairs has been followed by volatile times for the CEO of Tesla, his EV company.

Wall Street analysts, including Tesla bull Dan Ives, have said that Musk's politics could lead the company astray if the chief executive doesn't snap back into focus.

Earlier in June, Baird analysts downgraded the Tesla stock, noting that the Musk-Trump spat adds "uncertainty to TSLA's outlook.

• Extreme flooding in central Texas has left at least 78 dead.
• Another 41 people remain missing, officials said.
• 10 girls from a summer camp are among those still missing.

On what should have been a festive Fourth of July, disaster struck in central Texas.

Flash flooding left at least 68 dead in Kerr County, including 40 adults and 28 children, Sheriff Larry Leitha said during a Sunday press conference.

During a separate press conference, Texas Gov. Greg Abbott said an additional 10 people were dead in the broader central Texas area, bringing the total death toll close to 80.

Abbott said another 41 people are still missing across the affected area, including 10 children and one counselor from Camp Mystic, a Christian camp for girls along the Guadalupe River.

Abbott signed a federal disaster declaration on Saturday, which President Donald Trump signed on Sunday. Abbott also issued a disaster declaration for six Texas counties in addition to the 15 he identified on Friday, when heavy rains first caused the flooding.

On Truth Social, Trump said his administration was working with state and local officials to respond to the flooding.

"Melania and I are praying for all of the families impacted by this horrible tragedy," Trump wrote on Saturday. "Our Brave First Responders are on site doing what they do best. GOD BLESS THE FAMILIES, AND GOD BLESS TEXAS!"

The X account for Elon Musk's Starlink, SpaceX's satellite internet system, is offering support to affected residents. Musk has a strong presence in Texas through his companies Tesla, X, and SpaceX.

"In support of those impacted by flooding in Texas, Starlink is providing Mini kits for search and rescue efforts — ensuring connectivity even in dead zones — and one month of free service for thousands of customers in the region, including those who paused service so they can reactivate Starlink during this time," the post said.

Officials said over 12 inches of rain fell in the county on Friday. The National Weather Service first issued a flash flood warning at 4 a.m. on Friday.

It extended the flood watch until Monday at 7 p.m., saying there was "a threat of flash flooding from slow moving heavy rains overnight and through the day on Monday."

The region is a popular vacation destination and home to multiple summer camps for children. Camp Mystic in Hunt has about 750 campers. Two days after disaster struck, officials said they remain hopeful they can find survivors.

In a statement posted to its website, the Heart O' the Hills, another girls' camp based in Hunt, said its director, Jane Ragsdale, had died in the floods.

"We have received word that Jane Ragsdale did not make it," it said. "We are mourning the loss of a woman who influenced countless lives and was the definition of strong and powerful."

It added that the camp was not in session as the flooding hit, and that "most of those who were on camp at the time have been accounted for and are on high ground."

Texas Lt. Gov. Dan Patrick said during an earlier press conference that the Guadalupe River rose 26 feet in just 45 minutes, washing away bridges and buildings in a wide area.

On Facebook, parents and community members have circulated flyers with contact numbers, urging the public to help locate the missing children.

Kerr County has an estimated population of about 53,900, according to a 2024 count by the US Census Bureau. The county sits in the Hill Country region of Central Texas, which includes cities like San Antonio and Austin. Beyond the Guadalupe River, the region is home to several others, including the Colorado, Concho, and Blanco Rivers.

This is a developing story. Check back for updates.

• Torrential rain and flash floods hit parts of central Texas early Friday morning.
• Officials said that at least 78 people have died, but that they expect that number to rise.
• 10 children and a counselor remain missing from Camp Mystic, a local summer camp.

At least 78 people have died after heavy rainfall caused flash flooding in parts of central Texas on Friday.

During a press conference on Sunday, Kerr County Sheriff Larry Leitha said 68 people are confirmed dead, including 40 adults and 28 children. Texas Gov. Greg Abbott said another 10 people were killed in the broader central Texas.

Officials said 10 children and one counselor from Camp Mystic, a Christian girls' camp along the Guadalupe River, remained unaccounted for. In areas affected by the flooding across the state, there are still 41 known missing people.

Lt. Gov. Dan Patrick said the Guadalupe River rose 26 feet in 45 minutes on Friday as torrential rain battered the region. The National Weather Service said the river reached the second-highest height on record.

The agency on Sunday extended a flood watch for parts of central Texas through 7 p.m. local time.

Here are some images showing the impact of the flooding and ongoing search and rescue efforts.

• Elon Musk's latest feud with Trump began with an X post, criticizing the GOP's spending bill.
• Tesla shares were down 14% by the market's close, wiping out $138B of the company's worth.
• Bloomberg Billionaires Index estimates that about $34 billion was erased from Musk's net worth.

We can now put a price on Elon Musk's very public breakup with President Donald Trump.

Musk's net worth dropped by $34 billion on Thursday, one of the worst single-day wipeouts of his personal wealth, according to the Bloomberg Billionaires Index.

Until Thursday, Musk had mostly kept his criticism geared toward the GOP's "big beautiful bill." Everything changed once Musk's rant against the president turned personal.

Musk denied Trump's characterization that Musk was only critical of the bill because it would remove tax credits that benefit Tesla. He then went further in his tirade, digging up old tweets from the president that appeared to back the CEO's views, accusing Trump of having ties with the late financier and registered sex offender Jeffrey Epstein, and taking credit for helping Trump win the 2024 election.

"This is an unfortunate episode from Elon, who is unhappy with the One Big Beautiful Bill because it does not include the policies he wanted," White House press secretary Karoline Leavitt said in response to BI's inquiry regarding Musk's Epstein post. "The President is focused on passing this historic piece of legislation and making our country great again."

Trump responded with his own barbs, threatening to cancel federal contracts with Musk's companies.

Musk said he'd immediately decommission SpaceX's Dragon spacecraft in response to Trump's threat.

Tesla shares plummeted more than 14%, representing about a $138 billion wipeout of the company's total market cap.

Bloomberg Billionaires Index estimated that $34 billion from Musk's net worth was wiped out after Thursday's fallout, representing one of the CEO's biggest single-day losses.

In November 2021, Musk put up a poll on Twitter, asking his followers if he should sell 10% of his Tesla stock. More than 57% of 3.5 million responders said, "Yes."

The post triggered a 16% decline in Tesla shares that week, leading to a $50 billion loss in the executive's net worth.

Musk, for his part, has insisted that his social media posts don't impact his companies' worth.

However, the Securities and Exchange Commission has begged to differ.

The SEC sued Musk as a consequence of his infamous 2018 tweet in which he said he would take Tesla private at $420.

The settlement that followed included a $20 million fine and a stipulation that required Musk to get legal approval for any social media posts about Tesla. The arrangement became known as Musk's "Twitter sitter."

Musk has tried and failed to strike down the arrangement, taking his case to the Supreme Court in 2023. It rejected his appeal last April.

Musk and a spokesperson for Tesla did not respond to a request for comment.

• Elon Musk and Donald Trump have had a tumultuous relationship over the years.
• While the two traded barbs during Trump's first presidency, they've become political allies.
• Musk officially joined the administration, but recently criticized Trump's "big, beautiful bill."

Elon Musk and Donald Trump have had something of an on-again-off-again relationship over the years.

The world's richest person and the two-time president of the United States weren't always close, but became singular political allies, with Musk calling himself "first buddy" following Trump's 2024 victory and donating more than $200 million toward pro-Trump super PACs.

At the beginning of Trump's second term, Musk was frequently seen on the president's side and served as the de facto head of the White House DOGE office, the cost-cutting initiative that made waves throughout the federal government.

In May, Musk started to separate himself somewhat from Trump, saying he'd devote more time to his businesses and spend less money on politics.

By early June, it appeared that their relationship was blowing up in real time as the two publicly disagreed over the "Big, Beautiful Bill."

Here's how the two billionaires reached this point.

November 2016: Musk says Trump is 'not the right guy' for the job

Just before the 2016 presidential election, Musk told CNBC he didn't think Trump should be president. 

"I feel a bit stronger that he is not the right guy. He doesn't seem to have the sort of character that reflects well on the United States," Musk said. 

The billionaire added that Hillary Clinton's economic and environmental policies were the "right ones."

December 2016: Musk appointed to Trump's advisory councils

After he won the presidency, Trump appointed Musk to two economic advisory councils, along with other business leaders like Uber CEO Travis Kalanick. 

Musk received criticism for working with the controversial president, but he defended his choice by saying he was using the position to lobby for better environmental and immigration policies. 

June 2017: Musk cut ties with the White House in protest of Trump's environmental policies

On June 1, 2017, after Trump announced the US would pull out of the Paris Agreement on climate change, Musk resigned from his roles on presidential advisory boards. 

"Climate change is real. Leaving Paris is not good for America or the world," Musk said in a tweet announcing his departure.

Musk's goal for Tesla is to curb dependence on fossil fuels through electric vehicles, solar power, and stationary energy storage. 

January 2020: 'One of our great geniuses'

During a January 2020 interview with CNBC, Trump praised Musk's accomplishments and intelligence. 

"You have to give him credit," the former president said, referring to Tesla becoming more valuable than Ford and General Motors. "He's also doing the rockets. He likes rockets. And he's doing good at rockets too, by the way." 

Trump went on to call Musk "one of our great geniuses" and likened him to Thomas Edison. 

May 2020: Trump backs up Musk in feud with California's COVID-19 rules

As the pandemic gripped the US in early 2020, Musk clashed with California public-health officials who forced Tesla to temporarily shut down its factory there. Trump voiced his support for Musk. 

"California should let Tesla & @elonmusk open the plant, NOW," Trump tweeted in May 2020. "It can be done Fast & Safely!"

"Thank you!" Musk replied. 

May 2022: Musk said he would reinstate Trump's Twitter account

In May, Musk said he would unban Trump as Twitter's new owner. 

Musk called the ban a "morally bad decision" and "foolish to the extreme" in an interview with the Financial Times. Twitter kicked Trump off its platform following the January 6, 2021, attack on the US Capitol. 

The Tesla billionaire has called himself a "free speech absolutist," and one of his key goals for taking Twitter private was to loosen content moderation. 

July 2022: Trump calls Musk a 'bullshit artist'

In July, Trump took aim at Musk, saying the businessman voted for him but later denied it. 

"You know [Musk] said the other day 'Oh, I've never voted for a Republican,'" Trump said during a Saturday rally in Anchorage, Alaska. "I said 'I didn't know that.' He told me he voted for me. So he's another bullshit artist."

On Monday, Musk tweeted that Trump's claim was "not true."

July 2022: Musk says Trump shouldn't run again

Musk stopped short of attacking Trump personally, but said he shouldn't run for president again. 

"I don't hate the man, but it's time for Trump to hang up his hat & sail into the sunset. Dems should also call off the attack – don't make it so that Trump's only way to survive is to regain the Presidency," he tweeted. 

He continued: "Do we really want a bull in a china shop situation every single day!? Also, I think the legal maximum age for start of Presidential term should be 69." Trump is 76 years old. 

July 2022: Trump lashes out

Trump then went on the offensive, posting a lengthy attack on Musk on Truth Social, the social media company he founded. 

"When Elon Musk came to the White House asking me for help on all of his many subsidized projects, whether it's electric cars that don't drive long enough, driverless cars that crash, or rocketships to nowhere, without which subsidies he'd be worthless, and telling me how he was a big Trump fan and Republican, I could have said, 'drop to your knees and beg,' and he would have done it," Trump said in a post that criticized two of Musk's ventures, Tesla and the rocket company SpaceX. 

"Lmaooo," Musk responded on Twitter.

October 2022: Trump cheers Musk's Twitter deal but says he won't return

Following Musk's official buyout of Twitter on Thursday, Trump posted to Truth Social, cheering the deal. 

"I am very happy that Twitter is now in sane hands, and will no longer be run by Radical Left Lunatics and Maniacs that truly hate our country," he said. He added that he likes Truth Social better than other platforms, echoing comments from earlier this year in which he ruled out a return to Twitter. 

On Monday, Musk joked about the potential of welcoming the former president back to his newly acquired platform.

"If I had a dollar for every time someone asked me if Trump is coming back on this platform, Twitter would be minting money!," the Tesla CEO tweeted. 

May 2023: Musk hosts Florida Gov. Ron DeSantis' glitchy debut

Musk and other right-leaning voices in Silicon Valley initially supported Florida Gov. Ron DeSantis. DeSantis ended 2022 as Trump's best-positioned primary challenger. In November 2022, as DeSantis was skyrocketing to acclaim, Musk said he would endorse him. In March 2023, after enduring Trump's attacks for months, DeSantis prepared to make history by formally announcing his campaign in an interview on Twitter.

The initial few minutes were a glitchy disaster. Trump and his allies ruthlessly mocked DeSantis' "Space" with Musk and venture capitalist David Sachs. DeSantis' interview later proceeded, but his campaign was dogged for days with negative headlines.

September 2023: A Trump-style border wall is needed, Musk says

Musk live-streamed a visit to the US-Mexico border on Twitter, which he had rebranded as "X." Musk said that one of Trump's signature policies was necessary during his visit to Eagle Pass, Texas, to get a first-person look at what local officials called a crisis at the border.

"We actually do need a wall and we need to require people to have some shred of evidence to claim asylum to enter, as everyone is doing that," Musk wrote on X. "It's a hack that you can literally Google to know exactly what to say! Will find out more when I visit Eagle Pass maybe as soon as tomorrow."

Like Trump and others on the right, Musk had criticized the broader consensus in Washington for focusing too much on Russia's unprovoked war against Ukraine in comparison to domestic issues like migration. 

March 2024: Trump tries to woo Musk, but the billionaire says he won't give him money.

Trump tried to woo Musk during a meeting at the former president's Mar-a-Lago resort. According to The New York Times, Trump met with Musk and a few other GOP megadonors when the former president's campaign was particularly cash-strapped. After the Times published its report, Musk said he would not be "donating money to either candidate for US President." 

It wasn't clear who Musk meant in terms of the second candidate. He had repeatedly criticized President Joe Biden, who looked poised to be headed toward a rematch with Trump.

July 2024: Musk endorses Trump after the former president is shot

Musk said he "fully endorsed" Trump after the former president was shot during a political rally ahead of the Republican National Convention. The billionaire's endorsement marked a major turning point in his yearslong political evolution from an Obama voter. Days later, it would come to light that Musk pressed Trump to select Ohio Sen. JD Vance as his running mate.

Trump announced Vance as his vice presidential pick at the Republican National Convention.

The ticket, Musk wrote on X, "resounds with victory."

It wasn't just his public support that Musk was offering. In July, The Wall Street Journal reported Musk had pledged roughly $45 million to support a pro-Trump super PAC. Musk later said he would donate far less, but his rebranding into a loyal member of the MAGA right was complete.

August 2024: Trump joins Musk for a highly anticipated interview

Trump, who ended the Republican National Convention primed for victory, stumbled after Biden abruptly dropped out of the 2024 race. The former president and his allies have struggled to attack Vice President Kamala Harris, now the Democratic presidential nominee.

Amid Harris' early media blitz, Trump joined Musk on a two-hour livestream on X that garnered an audience of over 1 million listeners. The conversation covered topics ranging from a retelling of Trump's assassination attempt to illegal immigration to Musk's potential role with a government efficiency commission.

In August, Trump began floating the idea that he "certainly would" consider adding Musk to his Cabinet or an advisory role. The Tesla CEO responded by tweeting an AI-generated photo of himself on a podium emblazoned with the acronym "D.O.G.E"—Department of Government Efficiency.

"I am willing to serve," he wrote above the image.

September 2024: Musk says he's ready to serve if Trump gives him an advisory role

In September, Trump softened the suggestion of Musk joining his Cabinet due to his time constraints with running his various business ventures, the Washington Post reported. However, he also said that Musk could "consult with the country" and help give "some very good ideas."

Musk then replied to a tweet about the Washington Post article, expressing his enthusiasm.

"I can't wait. There is a lot of waste and needless regulation in government that needs to go," he wrote.

He later said on X that he "looked forward to serving" the country and would be willing to do with without any pay, title, or recognition.

October 2024: Musk speaks at Trump rally in Butler, Pennsylvania

Musk joined Trump onstage during the former president's rally, hosted on October 5 in the same location where Trump survived an assassination attempt in July. Musk sported an all-black "Make America Great Again" cap and briefly addressed the crowd, saying that voter turnout for Trump this year was essential or "this will be the last election." 

"President Trump must win to preserve the Constitution," Musk said. "He must win to preserve democracy in America."

The next day, Musk's America PAC announced that it would offer $47 to each person who refers registered voters residing in swing states to sign a petition "in support for the First and Second Amendments."

By October, the PAC had reportedly already spent over $80 million on the election, with over $8.2 million spread across 18 competitive House races for the GOP. 

The Tesla CEO later told former Fox News host Tucker Carlson that he might face "vengeance" if Trump loses the election.

November 2024: Trump wins the presidency and names Musk his administration

Musk was by Trump's side on election night at Mar-a-Lago, helping celebrate his victory.

Nearly a week after his 2024 presidential election win, Trump announced that Musk and businessman Vivek Ramaswamy were chosen to lead a newly minted Department of Government Efficiency (or DOGE, as Musk likes to call it, in reference to the meme-inspired cryptocurrency Dogecoin).

"Together, these two wonderful Americans will pay the way for my Administration to dismantle the Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies," Trump said in a statement. 

It's unclear whether the department will formally exist within the government, though Trump said the office would "provide advice and guidance from outside of Government" and work directly with the White House and Office of Management & Budget.

Musk responded in a post on X that the Department of Government Efficiency will be post all their actions online "for maximum transparency." 

"Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know!" Musk wrote. "We will also have a leaderboard for most insanely dumb spending of your dollars. This will be both extremely tragic and extremely entertaining."

Outside of administrative duties, Musk has also attended "almost every meeting and many meals that Mr. Trump has had," the New York Times reported, acting as a partial advisor and confidant. The Tesla CEO also reportedly joined Trump's calls with Ukrainian President Volodymyr Zelenskyy and Turkish President Recep Tayyip Erdogan while both men were at the president-elect's Mar-a-Lago club, where Musk seems to have settled in.

"Elon won't go home," Trump told NBC News jokingly. "I can't get rid of him." 

The two's close relationship has extended to a more personal friendship. Musk was seen attending Trump's Thanksgiving dinner and on the golf course with Trump and his grandchildren, where Kai Trump said he achieved "uncle status."

December 2024: Trump reaffirms he will be the next President, not Musk

While Musk and Trump are both big personalities, the President-elect made it clear that he'll be the one running the country. President-elect Donald Trump dismissed the notion that he "ceded the presidency" to Musk and said that even if the billionaire wanted to be president, he couldn't because he was born in South Africa.

"No, he's not going to be president, that I can tell you," Trump said at Turning Point USA's annual "AmericaFest" in December. "And I'm safe. You know why? He can't be? He wasn't born in this country."

Trump's comments came after Musk flexed his influence to help shut down a bipartisan emergency spending bill earlier that month. Some Republicans questioned why Trump hadn't been more active in derailing the bill, and Democrats baited the President-elect on social media with posts about Musk "calling the shots" and taking on the role of a "shadow president.

Prior to Trump addressing the subject, Trump's team also looked to shut down the idea that Musk is leading the Republican Party.

"As soon as President Trump released his official stance on the CR, Republicans on Capitol Hill echoed his point of view," Karoline Leavitt, a spokesperson for the Trump-Vance transition, told BI. "President Trump is the leader of the Republican Party. Full stop."

January 2025: Musk and fellow billionaires celebrate Trump's inauguration

Trump was sworn into office on January 20. Several tech leaders were in attendance, including Meta's Mark Zuckerberg, Amazon's Jeff Bezos, and Google's Sundar Pichai. The "first buddy" was also front and center for Trump's inauguration.

Musk took the stage to celebrate at an inauguration event at the Capital One Arena, where he sparked accusations over a gesture he made that some said resembled a Nazi salute. Musk denied the allegations.

"Hopefully, people realize I'm not a Nazi. Just to be clear, I'm not a Nazi," he said during an interview with Joe Rogan.

February 2025: The White House says Musk isn't running DOGE

Though Musk has been the face of the DOGE effort, White House court filings said he has "no actual or formal authority to make government decisions himself."

In the filing, Musk is described as a senior advisor to Trump with "no greater authority than other senior White House advisors." Officials have also called him a "special government employee."

Trump told reporters they can call Musk "whatever you want."

"Elon is to me a patriot," Trump said in February. "You could call him an employee, you could call him a consultant, you could call him whatever you want."

Later that month, a White House official told BI that Amy Gleason, who previously worked for US Digital Service, is the acting DOGE administrator.

March 2025: Trump buys a Tesla and calls out protesters

Despite court filings and White House officials stating otherwise, Trump told Congress that Musk is the leader of the DOGE office.

"I have created the brand-new Department of Government Efficiency, DOGE, perhaps you've heard of it, which is headed by Elon Musk, who is in the gallery tonight," Trump said during his speech on March 4.

Those questioning the constitutionality of DOGE were quick to respond by letting a federal judge know about their claims that Musk is in charge.

Meanwhile, calls for a Tesla boycott are growing as Musk becomes more involved in Trump's presidency. Protests, boycotts, and vandalism at Tesla dealerships across the US have spread since the beginning of 2025.

Trump stepped in to defend Musk's electric car company on Tuesday, with Teslas on the South Lawn of the White House. In a post on Truth Social, he wrote that he'd purchase a car to show support amid the public outcry.

"The Radical Left Lunatics, as they often do, are trying to illegally and collusively boycott Tesla, one of the World's great automakers, and Elon's 'baby,' in order to attack and do harm to Elon, and everything he stands for," the president wrote.

April 2025: Musk announces he's stepping back from DOGE

Three months into DOGE's mission to reshape the federal workforce, Musk announced that he would be stepping back from the effort. He broke the news during an underwhelming Tesla earnings call, where earnings per share were down 71% year over year.

"Starting next month, I will be allocating far more of my time to Tesla," Musk said during the call. He added that "the major work of establishing the Department of Government Efficiency" had been completed.

At the time, Musk said he would keep spending one or two days each week on governmental duties, so long as Trump wanted him to do so.

May 2025: Musk says he'll be spending less on politics, criticizes the Republican agenda, and announces he's leaving government for good

By May, Musk started to step back from his political activity overall. During an interview at the Qatar Economic Forum, he said he thinks he's "done enough" in terms of political contributions.

"In terms of political spending, I'm going to do a lot less in the future," he said, adding that he didn't "currently see a reason" to pour money into politics. Previously, Musk had said his super PAC would contribute to 2026 midterm efforts.

A few days later, Musk told a reporter that he "probably did spend a bit too much time on politics," and that he'd "reduced that significantly in recent weeks."

Musk took a decidedly more critical tone regarding the overall Republican agenda. In an interview with CBS in late May, he said he wasn't pleased with Trump and House Republicans' "big beautiful" spending bill.

"I was disappointed to see the massive spending bill, frankly, which increases the budget deficit, not just decrease it, and undermines the work that the DOGE team is doing," Musk said.

And then, on May 28, Musk cut ties with DOGE and the Trump administration. The White House confirmed that it had started Musk's off-boarding process.

"As my scheduled time as a Special Government Employee comes to an end, I would like to thank President @realDonaldTrump for the opportunity to reduce wasteful spending," Musk wrote in a post on X. "The @DOGE mission will only strengthen over time as it becomes a way of life throughout the government."

Under federal law, special government employees can't serve for more than 130 days a year. Musk left the administration 128 days after the inauguration.

June 2025: Musk and Trump escalate attacks, after Tesla CEO delivers sharp rebuke against the 'Big Beautiful Bill.'

Days after stepping away from his job in the White House, Musk delivered his harshest criticism yet of the GOP spending proposal called the "Big Beautiful Bill."

"I'm sorry, but I just can't stand it anymore," Musk wrote on X on June 3. "This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it."

Some congressional Republicans, including Sens. Rand Paul and Mike Lee, posted that they agreed with Musk. Meanwhile, Trump has consistently defended the bill on Truth Social, including just hours before Musk's critical post on X.

In an interview with CBS News that aired June 1, Musk said, "I'm a little stuck in a bind where I'm like, well, I don't want to speak up against the administration, but I also don't want to take responsibility for everything the administration's doing."

On June 5, the barbs escalated as Musk doubled down on his criticisms and Trump threatened the CEO's businesses.

Musk began to dig up old tweets from Trump, including one where the president said in 2013, "I cannot believe the Republicans are extending the debt ceiling—I am a Republican & I am embarrassed!"

Musk quote-tweeted it with the message, "Wise words," taking a dig at Trump's very different stance on the debt ceiling today.

Trump first shot back with a softer/more diplomatic response, saying that the CEO and he "had a great relationship," but he wasn't sure if it would continue.

The president said Musk was criticizing his bill because of the phase-out of the electric vehicle tax credit, which would likely have repercussions for Musk's Tesla.

Musk shot back within minutes on X, saying that while he thought the EV phase-out was unfair, what he really took issue with was the "MOUNTAIN of DISGUSTING PORK in the bill."

The tone soon took a sharp turn after the president threatened on the same day to terminate the federal contracts that Musk's companies, including SpaceX and Tesla, rely on, and Musk began to take credit for Trump's 2024 electoral victory.

In response to Trump's threat to cancel the government contracts, Musk said on X that he'd immediately decommission SpaceX's Dragon spacecraft, which provides NASA transport to and from the International Space Station.

• Mark Cuban and Elon Musk don't always agree on politics.
• However, Cuban appeared to like Musk's idea for a new political party for "the middle."
• Musk proposed the idea on X amid his ongoing feud with President Donald Trump.

Billionaires Mark Cuban and Elon Musk seem to have found some common ground.

As the Tesla CEO's relationship with President Donald Trump blows up in real time on social media amid their clash over the "Big Beautiful Bill," Musk proposed creating a new political party for "the middle."

"Is it time to create a new political party in America that actually represents the 80% in the middle?" Musk asked in an X poll on Thursday.

Cuban, who has sparred with Musk on X multiple times on subjects ranging from DEI to Trump, appeared to endorse the idea, responding to Musk's post with three check marks.

Cuban did not immediately respond to a request for comment from Business Insider.

That Cuban is attracted to the idea of a new political party may not come as a surprise.

The former "Shark Tank" star and Cost Plus Drugs founder has previously expressed his dismay with both political parties. He once described himself as "socially centrist" while "very fiscally conservative."

During the 2024 election, Cuban campaigned heavily for former Vice President Kamala Harris, previously telling BI that he liked that she's "not an ideologue" and supporting her pro-business stance.

In January, when journalist Matthew Yglesias proposed a 2028 presidential run for Cuban, BI asked the billionaire if he'd seriously consider the proposal.

"No," Cuban responded.

• Cassie is a singer and actor, best known for her top-10 hit single "Me & U."
• She met Sean Combs, aka Diddy, in 2006 and signed to his label Bad Boy.
• She filed a lawsuit against him in 2023 and is a key witness in his criminal sex-trafficking and racketeering trial.

Cassie burst onto the music scene in 2006 with an irresistible blend of pop and R&B.

Although the singer, whose legal name is Casandra Ventura, withdrew from the spotlight in the ensuing years, she's still beloved by fans of 2000s club jams.

In 2023, she filed a lawsuit against Sean "Diddy" Combs, alleging abuse throughout their relationship, including rape. An attorney for Combs denied the allegations to Business Insider. Cassie is now a key accuser in Combs' criminal sex-trafficking and racketeering trial, which began on May 12.

Here's everything to know about Cassie's career, her connection to Diddy, and what her life is like today.

Cassie broke out with the club hit 'Me & U'

Before launching her music career, Cassie had done some modeling for brands like Delia's.

In 2006, when she was 19 years old, she released her debut single "Me & U." It became her first hit, reaching No. 1 on Billboard's Hot R&B/Hip-Hop Songs chart and No. 3 on the Hot 100.

"Me & U" set the tone for her self-titled debut album, which was praised by critics for its "hypnotic groove" and "flippant playfulness." Rolling Stone later described the album as "the most brilliantly minimalist R&B album of its era."

In a positive review for Slant, Sal Cinquemani also said, "'Me & U' has single-handedly revived his ailing Bad Boy imprint," referring to Combs, then known as Diddy.

Cassie signed to Bad Boy Records in 2006

An archived feature from 2008 said that Combs heard "Me & U" in a club and felt inspired to help Cassie's career.

Combs teamed up with Ryan Leslie, who wrote and produced the song, to record Cassie's album.

In 2008, she announced her plans to release her sophomore album.

"I guess I grew up a lot but I'm still in essence the same person," Cassie, then 21, told Billboard. "Lots has changed in my life, stuff that has made me think about things differently. I'm more vulnerable and you can hear my vocals better this time around. There's real emotion and a much realer connection with my fans."

At the time, Combs praised Cassie's musical development, which he said was reflected in the album.

"We pulled out, we took our time, we developed her for like, a year-and-a-half," he told Billboard in a 2008 interview. "People are just going to see her there and be like, 'Wow, she's really cocooned into a butterfly.'"

However, the album was delayed several times. She didn't release new music until 2012, when she surprise-dropped a set of three mixtapes. She continued releasing singles sporadically in the years following.

Cassie has dabbled in acting

Cassie played Sophie in the 2008 film "Step Up 2: The Streets," and has also appeared in "The Perfect Match" and on several episodes of "Empire."

Additionally, she appeared in the 2022 TV movie "Hip Hop Family Christmas Wedding."

Cassie was in a tumultuous relationship with Diddy for over a decade

Prior to her lawsuit, gossip news sites reported that Cassie and Combs maintained an on-again, off-again relationship. They reportedly started dating in 2007 and broke up in 2018.

Cassie's 2023 civil lawsuit accused Combs of serious allegations, painting the music mogul as an extremely violent and angry ex-partner.

It details several instances when the music mogul physically and mentally abused Cassie, as well as used intimidation tactics to keep her in the relationship. Combs quickly settled the suit shortly after it was filed.

Combs has been accused of sexual assault, rape, drugging, and other forms of violence in more than 50 civil lawsuits. He was arrested in September following a grand jury indictment and has denied the charges against him and all other allegations of sex abuse.

Combs' criminal sex-trafficking and racketeering trial began on Monday. Cassie, the prosecution's key witness in the case, took the stand on Tuesday and Wednesday to testify against Combs.

Cassie married Alex Fine in 2019 and has three children

Following her split from Combs in 2018, Cassie began a relationship with Alex Fine, a professional bull rider, model, and personal trainer.

In June 2019, the singer revealed that she and Fine were expecting their first child together. The couple tied the knot in a small, surprise wedding in September of that year in Malibu, California. Their daughter, Frankie Stone, was born in early December.

Cassie and Fine welcomed their second child, a baby girl named Sunny Cinco, in March 2021.

In February 2025, Cassie revealed that she was pregnant with their third child, a son. While testifying Wednesday, Cassie's stylist, Deonte Nash, said he called Cassie to congratulate her on the birth of the baby, born Tuesday, about two weeks after Cassie testified against Combs.

Additional reporting by Laura Italiano.

Libby Torres contributed to an earlier version of this story.