All posts tagged: Downsized

The CDC Has a Cyclospora Lab. DOGE Downsized It Last Year

The CDC Has a Cyclospora Lab. DOGE Downsized It Last Year

As cases of the diarrhea-causing parasite cyclospora rise across the US, former employees of the Centers for Disease Control and Prevention say the country’s response is being severely hampered by personnel cuts at the agency. Amid mass government layoffs last year implemented by President Donald Trump and his so-called Department of Government Efficiency, the CDC lab that responds to outbreaks of the parasite cyclospora was downsized from 11 people to just three, according to Joel Barratt, a molecular parasitologist and assistant professor at Emory University School of Medicine who previously led that team. “Based on simple math, these outbreak responses—which require rapid, timely responses—are going to be greatly diminished,” he tells WIRED. “Cyclospora is just one piece. It’s making the news right now, but there are other, more dangerous pathogens than cyclospora.” Barratt says he left the CDC voluntarily in September after working at the agency for eight years because he felt he could no longer “do right by public health” amid sweeping policy overhauls and staff purges under Health and Human Services secretary Robert …

SoftBank Attempt To Get Downsized  Billion OpenAi Margin Loan Stalls

SoftBank Attempt To Get Downsized $6 Billion OpenAi Margin Loan Stalls

One month ago, Japanese tech giant SoftBank Group, was forced to downsize plans for a $10 billion margin loan backed by its OpenAI stake after facing hesitation from some creditors. Today, it couldn’t even get that done after talks with potential creditors to raise the downsized $6 billion stalled amid rising concerns about the collateral value, Bloomberg reported citing people familiar with the matter.  As a result, the company is now considering various different fundraising options, although it could still move forward with the margin loan at a later stage, they added. It’s unclear why the margin loan discussions stalled. SoftBank had allegedly secured some $5 billion for the loan before the development, although it was unclear if those were verbal or written commitments. Judging by the outcome, the commitments were tenuous at bet.  According to the report, the current inaction on the margin loan comes even after some of the potential lenders who had been pitched on it – and who did not view it in an all too favorable light to start – said that …