Ramaswamy aims to cut federal workforce to boost productivity and aid transitions to private sector

Vivek Ramaswamy, a billionaire entrepreneur, plans to lead a new agency called the Department of Government Efficiency (DOGE) aimed at reducing the federal workforce. He believes these cuts will benefit workers transitioning to the private sector. Ramaswamy stated that the goal is not cost-saving but to address what he sees as an overgrown federal government. He argues that the productivity of the U.S. economy will improve with fewer federal employees. He emphasized that DOGE will manage the transition of federal workers respectfully and generously, despite the potential backlash from those affected by job losses.