By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The GenerationThe GenerationThe Generation
  • USA
    USA
    Show More
    Top News
    Some Manhattan Residents Stuck In Third Day Without Heat And Hot Water
    February 7, 2024
    Deadly California Storm Triggers Flooding, Mudslides, Power Outages
    February 10, 2024
    At Least 60% Of US Population May Face ‘Forever Chemicals’ In Tap Water, Tests Suggest
    February 29, 2024
    Latest News
    INFLATION FALLOUT ROCKS TRUMP’S POLITICAL STANDING
    November 5, 2026
    Republicans Turn on Trump After Midterm Defeats
    November 5, 2026
    VOTER BACKLASH THREATENS AMERICA’S AI BOOM
    November 5, 2026
    Canada’s New Citizenship Law Creates New Immigration Complications
    November 5, 2026
  • New York
    New York
    Show More
    Top News
    G Train Service Resumes
    September 15, 2024
    Deputy Mayor of Public Safety Philip Banks III Resigns, Embattled Adams Confirms
    October 10, 2024
    Democratic US Rep. Mikie Sherrill Announces Run For New Jersey Governor
    November 24, 2024
    Latest News
    Illegal apartment complaints and e-bike batteries investigated after Brooklyn fire kills 6
    November 6, 2026
    Manhattan shooting kills 2 people in East Harlem, NYPD says
    November 6, 2026
    Supermarket Manager Convicted of Hiring Workers with Fake Green Cards
    November 5, 2026
    Construction worker saved after becoming trapped in dirt inside Queens trench
    November 4, 2026
  • Politics
    Politics
    Show More
    Top News
    New York’s Property Tax Cap Remains at 2% Limit for Fifth Year in A Row
    July 20, 2025
    Trump’s $100,000 H-1B Visa Fee Sparks Economic Concerns
    September 22, 2025
    Civil rights pioneers of the sky: Pan Am’s first Black flight attendants reunite
    May 1, 2026
    Latest News
    Inside New York’s bitter Republican civil war after blue wave
    November 6, 2026
    The Battle For Congress Is Just The Beginning. Here’s What’s At Stake On Election Day
    November 4, 2026
    Trump Suffers Major Setback in Midterm Elections
    November 4, 2026
    Final day of early voting puts focus on New York governor’s race
    November 1, 2026
  • World
    World
    Show More
    Top News
    Bangladesh Calls DW Report ‘False and Fallacious’
    June 17, 2024
    UN says ex-Pakistan Premier Imran Khan’s Detention Arbitrary, must be Released Immediately
    July 26, 2024
    60 Killed as Dam Bursts in War-Torn Sudan
    September 2, 2024
    Latest News
    Canada’s New Citizenship Law Creates New Immigration Complications
    November 5, 2026
    UNICEF Warns Of Worsening Threats To Children’s Education, Safety In Ukraine, Myanmar
    November 4, 2026
    South Korea’s Lee Calls For Powerful Government-Wide Cybersecurity Body
    November 4, 2026
    Bomb Threats Trigger Security Alerts At Airports Across Europe
    November 4, 2026
  • Finance & Business
    Finance & Business
    Show More
    Top News
    How Banks And The Fed Are Preparing For A US Default – And Chaos To Follow
    September 3, 2023
    Corporate Greed is not to Blame for High Inflation, SF Fed Says
    June 16, 2024
    Eligible Taxpayers Could Receive Up to $4,427 in Tax Credits
    October 13, 2026
    Latest News
    Eligible Taxpayers Could Receive Up to $4,427 in Tax Credits
    October 13, 2026
    Corporate Greed is not to Blame for High Inflation, SF Fed Says
    June 16, 2024
    How Banks And The Fed Are Preparing For A US Default – And Chaos To Follow
    September 3, 2023
  • EpaperNew
Search
  • About Us
  • Our Awards
  • My Bookmarks
  • Opinion
  • Crime
  • Science & Technology
  • Entertainment
  • Sports
  • Economy
  • Fashion
  • Election
  • Feature
  • Charity
  • Literature
  • Security
  • US & Canada
  • Nature
  • Cooking
Copyright @2023 – All Right Reserved by The Generation.
Reading: USAID Contractors Fire Staff, Face Cash Crunch as Trump Causes Chaos in Aid World
Share
Notification Show More
Font ResizerAa
Font ResizerAa
The GenerationThe Generation
  • USA
  • New York
  • Politics
  • World
  • EpaperNew
Search
  • Crime
  • Economy
  • Election
  • Entertainment
  • Opinion
  • US & Canada
  • Finance & Business
  • Charity
  • Cooking
  • Fashion
  • Feature
  • Literature
  • Nature
  • Science & Technology
  • Security
  • Sports
Follow US
  • About Us
  • My Bookmarks
Copyright @2023 – All Right Reserved by The Generation.
Protestors gather outside of USAID headquarters on February 03, 2025 in Washington, DC. Elon Musk, tech billionaire and head of the Department of Government Efficiency (DOGE), said in a social media post that he and U.S. President Donald Trump will shut down the foreign assistance agency. Photo: AFP
USA

USAID Contractors Fire Staff, Face Cash Crunch as Trump Causes Chaos in Aid World

Published: February 7, 2025
Share
3 Min Read
SHARE

Tuesday, February 4, 2025
Year : 2, Issue: 23/strong>

Reuters: President Donald Trump’s overhaul of US foreign assistance has led to chaos in the aid and development field, leaving hundreds of contractors in a severe financial crunch with some already having to lay off staff and others facing millions of dollars in unpaid invoices.
Hours after coming into office on Jan. 20, Trump ordered a sweeping review of almost all US foreign aid and tasked billionaire Elon Musk, who has falsely accused USAID of being a “criminal” organization, with scaling down the agency.
Since then, dozens of USAID staff has been put on leave, hundreds of internal contractors have been laid off, while Musk’s so-called Department of Government Efficiency employees have gutted the agency that is Washington’s primary humanitarian arm, providing billions of dollars worth of aid worldwide.
Blanket stop-work orders that were issued by the State Department have thrown the aid industry into panic, both at home and abroad as the contractors usually front the costs and then bill the US government.
For Steve Schmida, co-founder of Vermont-based Resonance, a USAID contractor for many years working in areas such as innovation, fisheries conservation and trade and investment, the issue has become an “existential one” after the stop-work orders.
“We had millions of dollars in invoices due to be paid that had been approved by our clients in the US government…We quickly understood that this was a serious threat to our business,” Schmida said.
He began laying off and furloughing dozens of his staff as he calculated that about 90 percent of his revenue was about to disappear. Once he is done, all but about a dozen of his nearly 100 US-based employees will have been impacted, he said.
“The last 10 days have been the worst 10 days of my professional life,” said Schmida. The funding for some of his projects were granted during the first Trump administration.
An official at a USAID implementing partner, who spoke on condition of anonymity due to fear of retribution, said the company had to furlough hundreds of US-based staff and were owed over $50 million by the US government in invoices from November and December that are past due.
Both the official and Schmida said they might have to go to court over the outstanding balances.

‘No Xmas As Usual’: Pro-Palestinian Protesters Demonstrate In US Cities
US Warns Iran of ‘Severe Consequences’ if it Attacks Trump
US Air Force flight to Antarctica turns back after ‘hazardous’ space activity warning
Gov. Hochul Uses DNC Speech to Bash Donald Trump
US Air Force B-52 Bomber Crashes After Takeoff at Edwards Air Force Base, 8 Killed

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
Previous Article Trump Administration Plans to Defund, Dismantle Education Department: US Media
Next Article US Education Department Launches Probe Over Alleged Antisemitism at 5 Universities

Stay Connected

1.2KFollowersLike
13KFollowersFollow
1.2KFollowersFollow
1.4KSubscribersSubscribe

Latest News

US job growth beats expectations in October; unemployment rate falls to 4.1%
Economy
November 6, 2026
Illegal apartment complaints and e-bike batteries investigated after Brooklyn fire kills 6
New York
November 6, 2026
Supreme Court case could affect admissions reforms for NYC specialized schools
Opinion
November 6, 2026
Trump May Come to Regret His Rush Job on the Arch and Ballroom
Opinion
November 6, 2026
Manhattan shooting kills 2 people in East Harlem, NYPD says
New York
November 6, 2026

Quick links

  • About Us
  • Our Awards
  • My Bookmarks

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Editor
Sadia J. Choudhury
Executive Editor
Shah J. Choudhury, Mubin Khan & Salman J. Choudhury
Member of Editor’s Board
Husneara Choudhury, Fauzia J. Choudhury, Santa Islam & DevRaj A. Nath.

A Ruposhi Bangla Entertainment Network

By

Office Address
New York Office:
70-52 Broadway 1A, Jackson Heights, NY-11372, United States.
Contact
Tel: +1 (718) 496-5000
Email: info@thegenerationus.com
newsthegeneration@gmail.com
The GenerationThe Generation
Follow US
Copyright @2023 – All Right Reserved by The Generation.