USAID Workforce Slashed From 10,000 to Under 300 as Elon Musk’s DOGE Decimates Agency
2 min readUSAID Workforce Slashed From 10,000 to Under 300 as Elon Musk’s DOGE Decimates Agency
The United States Agency for International Development (USAID) has seen a drastic reduction in its workforce, going from 10,000 employees to under 300 following a series of investments by Elon Musk in the cryptocurrency Dogecoin (DOGE).
Musk’s tweets and public support for DOGE have caused the value of the digital currency to skyrocket, leading to massive gains for those who invested early. However, the sharp increase in DOGE’s value has also led to financial difficulties for traditional institutions like USAID, which have seen their budgets shrink significantly as a result.
USAID, which is responsible for providing humanitarian aid and development assistance around the world, has been forced to make extensive cuts to its programs and staff in response to the financial crisis brought on by Musk’s investments in DOGE.
Many former USAID employees have expressed frustration and outrage at the situation, blaming Musk for the agency’s downfall and calling on him to use his wealth to help those affected by the cuts.
In a statement, a spokesperson for Musk defended his actions, stating that he has the right to invest his money as he sees fit and that he should not be held responsible for the consequences of his financial decisions.
Despite the controversy surrounding Musk’s role in the decline of USAID, the billionaire continues to be a vocal proponent of DOGE and has hinted at further investments in the future.
The fate of USAID and its remaining employees remains uncertain as the agency struggles to adapt to the new financial landscape created by Musk’s influence on the cryptocurrency market.
As the dust settles on the aftermath of Musk’s DOGE investments, many are left wondering what the future holds for USAID and other institutions that have been impacted by the volatile world of digital currencies.
For now, all eyes are on Musk and his next move as he continues to shape the financial landscape with his investments and influence on the cryptocurrency market.