The Trump administration’s job-slashing effort is targeting probationary federal employees, with thousands being let go across agencies like the IRS, HHS, Pentagon, and Forest Service. These employees, who have fewer than one or two years of service, have weaker job protections and can be fired at will during their probation period. Lawsuits have been filed by legal groups and federal employee unions to challenge the mass firings and protect the rights of these workers.
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Down 20%, Is Lululemon a Buy?
Lululemon (NASDAQ: LULU) experienced a 20% drop in share value following its latest earnings report, which included reduced earnings expectations for the year due to increased tariff-related costs. Although revenues are still projected to align with previous guidance, the lowered earnings estimates significantly impacted market perception of the stock. More Context
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