DOGE-Driven Layoffs: Economist Warns of Potential One Million Job Cuts

Economist Torsten Sløk predicts a significant job market downturn as a result of Elon Musk’s push for government spending cuts through his Department of Government Efficiency (DOGE). He warns that the potential layoffs from government contractors, which stand at 5.2 million people, could reach one million, exceeding current estimates of around 300,000.