Reported about 14 hours ago
Elon Musk's Department of Government Efficiency (DOGE) is primarily affecting government consulting firms, with significant contract cancellations leading to hundreds of millions in lost revenue, particularly for companies like Deloitte. While the media also faces cuts, the impact is much smaller, with a few cancellations amounting to only $13 million. Overall, DOGE claims to have achieved nearly $7.2 billion in savings through renegotiated contracts, but the full implications for affected companies and taxpayers remain unclear.
Source: YAHOO