Washington DC
fromNextgov.com
1 hour agoCivilian agencies face 10% cuts in Trump's 2027 budget
President Trump proposed a $2.2 trillion fiscal 2027 budget with increased defense spending and cuts to non-defense agencies.
At least 125 employees, which is more than 20% of the company's workforce, were let go as Underdog shifts away from some of its traditional offerings and leans more heavily into prediction markets. Teams in fraud operations, marketing, customer support, and product were among those affected.
"We greatly appreciate Elon's generous offer. This would pose great legal challenges due to his involvement with federal government contracts. The fastest way to ensure TSA employees and all DHS employees get paid is for Democrats to fund the Department of Homeland Security."