All articles tagged with #fy2026
Dell Technologies reduced its global workforce by 27% from 133,000 in FY2023 to 97,000 in FY2026, cutting about 11,000 jobs in FY2026 and reporting roughly $569 million in severance. The reductions are part of disciplined cost management and a broader business modernization effort as Dell pivots toward AI-driven efficiency, aided by market shifts such as VMware’s sale and EMC integration.
The FY 2026 minibus trims IRS cuts to about 9% while boosting taxpayer services and allowing quicker hiring to address backlogs; GSA is urged to accelerate offloading underutilized federal office space, though funding may not fully address the maintenance backlog; lawmakers push AI tools to speed public-facing services and accessibility improvements with limited funding; State Department funding stays essentially flat after a major reorganization, and most independent agencies are spared elimination. The appropriations process moved forward amid tough negotiations and rejection of some earlier “poison pill” provisions.
The House and Senate Appropriations Committees have agreed on a FY2026 budget for NASA, approving a slight reduction of $400 million from the previous year, which is a significant improvement over earlier proposed cuts, and supporting NASA's broad range of programs including Artemis, SLS, and lunar missions, with additional funding from the reconciliation bill. The agreement reflects bipartisan support but still needs to pass through Congress and be signed into law.
The War Department announced the first round of FY 2026 APFIT projects, awarding over $1 billion to small businesses and defense contractors to accelerate innovative military technologies, with awards averaging over $30 million and a record single award of nearly $50 million, supporting rapid transition of critical capabilities across various military branches.