Skip to main content

Federal employees' exodus

Image
By scooby

 A friend in a large hedgefund tells me they got more than a dozen resumes from fed ppl this week, which has never happened before.

He thinks it is hilarious because they would never hire them (they r quant and they do not have use for some 45year old guy who cannot code ).

Maybe the NNSA labs can take these people. I do think coding skills will matter much since ChatGPT can write codes. It might be a big opportunity to swell our ranks and become bigger.

Comments

Anonymous said…
I heard about 40k have taken the Musk/Trump buyout.

I am not sure Trump can even do this. Maybe it is some weird trap where you end up staying home for several months and they go...see you never showed up for work. The other thing is that they plan on getting rid of bunch of people who do not take the buyout.

I guess the question is will any of this matter to the labs? One guy I know says that contractors while they are not forced by Trump will still try some reduction in the workforce to show they team players.

Maybe this could be good but I could imagine the better people could be the ones you lose since they have more options.

2/05/2025 5:06 PM
Anonymous said…
The Feds eat their own dogfood and go on Federal welfare to support themselves.
2/06/2025 6:27 AM
Post a Comment

Popular posts from this blog

Plutonium Shots on NIF.

By scooby
Tri-Valley Cares needs to be on this if they aren't already. We need to make sure that NNSA and LLNL does not make good on promises to pursue such stupid ideas as doing Plutonium experiments on NIF. The stupidity arises from the fact that a huge population is placed at risk in the short and long term. Why do this kind of experiment in a heavily populated area? Only a moron would push that kind of imbecile area. Do it somewhere else in the god forsaken hills of Los Alamos. Why should the communities in the Bay Area be subjected to such increased risk just because the lab's NIF has failed twice and is trying the Hail Mary pass of doing an SNM experiment just to justify their existence? Those Laser EoS techniques and the people analyzing the raw data are all just BAD anyways. You know what comes next after they do the experiment. They'll figure out that they need larger samples. More risk for the local population. Stop this imbecilic pursuit. They wan...
155 comments
Read more

Trump is to gut the labs.

By scooby
The budget has a 20% decrease to DOE office of science, 20% cut to NIH. NASA also gets a cut. This will  have a huge negative effect on the lab. Crazy, juts crazy. He also wants to cut NEA and PBS, this may not seem like  a big deal but they get very little money and do great things.
124 comments
Read more

tcp1 looking good

By scooby
I just received my annual TCP-1 letter from LLNS and a summary of the LLNS Pension Plan. Looked in pretty good shape in 2013. About 35% overfunded (funding target attainment percentage = 134.92%). This was a decrease from 2012 where it was 51% overfunded (funding target attainment percentage = 151.59%). They did note that the 2012 change in the law on how liabilities are calculated using interest rates improved the plan's position. Without the change the funding target attainment percentages would have been 118% (2012) and 105% (2013). 2013 assets = $2,057,866,902 2013 liabilities = $1,525,162,784 vs 2012 assets = $1,844,924,947 2012 liabilities = $1,217,043,150 It was also noted that a slightly different calculation method ("fair market value") designed to show a clearer picture of the plan' status as December 31, 2013 had; Assets = $2,403,098,433 Liabilities = $2,068,984,256 Funding ratio = 116.15% Its a closed plan with 3,781 participants. Of that number, 3,151 wer...
105 comments
Read more