
The Collateral Damage of Federal Work Force Cuts: Summer Interns
His plans started to unravel once President Trump took office in January. U.S.A.I.D. was among the organizations targeted by Mr. Trump's Department of Government Efficiency, or DOGE. By March, Mr. Silien's internship offer had been swept away along with at least 7,000 jobs the department had deemed a waste of taxpayer dollars.
Beyond his panic and disappointment, Mr. Silien said he was a bit baffled that in its push for efficiency, the department championed by Mr. Trump and Elon Musk had done away with his unpaid internship.
The government was passing up 'free labor by, arguably, some of the people who will be most passionate and excited to get involved in this work,' said Mr. Silien, 18.
The Trump administration's sweeping cuts have pushed many lifetime civil servants out of their roles They have also disrupted people at the other end of the career spectrum: summer interns, those energetic new arrivals who count on internships to serve as the on-ramp to their professional lives. (Some, but not all, are paid for their efforts.)
Young people who hustled for competitive internships and research positions said they felt dejected when those offers were taken back. Their optimism gave way to a stressful scramble to find other roles or sources of income on short notice. Several second-guessed whether they really wanted to enter fields that seemed to be crumbling before their eyes.
Want all of The Times? Subscribe.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
17 minutes ago
- Yahoo
Gesco SE's (ETR:GSC1) largest shareholders are individual investors with 57% ownership, insiders own 30%
Key Insights Gesco's significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public A total of 20 investors have a majority stake in the company with 43% ownership Insiders own 30% of Gesco Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. A look at the shareholders of Gesco SE (ETR:GSC1) can tell us which group is most powerful. We can see that individual investors own the lion's share in the company with 57% ownership. Put another way, the group faces the maximum upside potential (or downside risk). And individual insiders on the other hand have a 30% ownership in the company. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Let's take a closer look to see what the different types of shareholders can tell us about Gesco. See our latest analysis for Gesco What Does The Institutional Ownership Tell Us About Gesco? Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. Gesco already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Gesco's historic earnings and revenue below, but keep in mind there's always more to the story. Gesco is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is Norman Rentrop with 15% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 15% and 3.5%, of the shares outstanding, respectively. On studying our ownership data, we found that 20 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. Insider Ownership Of Gesco The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own a reasonable proportion of Gesco SE. It has a market capitalization of just €188m, and insiders have €57m worth of shares in their own names. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently. General Public Ownership The general public, who are usually individual investors, hold a substantial 57% stake in Gesco, suggesting it is a fairly popular stock. This level of ownership gives investors from the wider public some power to sway key policy decisions such as board composition, executive compensation, and the dividend payout ratio. Next Steps: While it is well worth considering the different groups that own a company, there are other factors that are even more important. Take risks for example - Gesco has 1 warning sign we think you should be aware of. If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
17 minutes ago
- Yahoo
Are Robust Financials Driving The Recent Rally In Waberer's International Nyrt.'s (BST:3WB) Stock?
Most readers would already be aware that Waberer's International Nyrt's (BST:3WB) stock increased significantly by 17% over the past three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Particularly, we will be paying attention to Waberer's International Nyrt's ROE today. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. How Do You Calculate Return On Equity? ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Waberer's International Nyrt is: 15% = €28m ÷ €189m (Based on the trailing twelve months to March 2025). The 'return' is the profit over the last twelve months. That means that for every €1 worth of shareholders' equity, the company generated €0.15 in profit. Check out our latest analysis for Waberer's International Nyrt Why Is ROE Important For Earnings Growth? So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. Waberer's International Nyrt's Earnings Growth And 15% ROE To start with, Waberer's International Nyrt's ROE looks acceptable. On comparing with the average industry ROE of 11% the company's ROE looks pretty remarkable. Probably as a result of this, Waberer's International Nyrt was able to see an impressive net income growth of 59% over the last five years. We believe that there might also be other aspects that are positively influencing the company's earnings growth. For instance, the company has a low payout ratio or is being managed efficiently. As a next step, we compared Waberer's International Nyrt's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 27%. Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. Is Waberer's International Nyrt fairly valued compared to other companies? These 3 valuation measures might help you decide. Is Waberer's International Nyrt Efficiently Re-investing Its Profits? Waberer's International Nyrt's ' three-year median payout ratio is on the lower side at 23% implying that it is retaining a higher percentage (77%) of its profits. So it looks like Waberer's International Nyrt is reinvesting profits heavily to grow its business, which shows in its earnings growth. While Waberer's International Nyrt has seen growth in its earnings, it only recently started to pay a dividend. It is most likely that the company decided to impress new and existing shareholders with a dividend. Conclusion In total, we are pretty happy with Waberer's International Nyrt's performance. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices. Remember, the price of a stock is also dependent on the perceived risk. Therefore investors must keep themselves informed about the risks involved before investing in any company. To know the 1 risk we have identified for Waberer's International Nyrt visit our risks dashboard for free. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
17 minutes ago
- Yahoo
Up 33% Year to Date, Is Netflix Stock Still a Buy?
Key Points Netflix has improved earnings trends and operating margins in the first half of the year. Forecasts for the third quarter are strong. In all, the content lineup for the second half of the year bodes well for viewership. 10 stocks we like better than Netflix › I'll be honest. A few years back I thought that the rising streaming wars would take the wind out of Netflix's (NASDAQ: NFLX) sails. I could not have been more wrong. The stock has gained 33% year to date (at the time of writing), and outpaced the S&P 500 by 45% over the last five years. Why was I wrong? Because the company has significantly improved its net income over the last few years, while creating strong forecasts for the coming quarters. It's done this through a blitz of content, and streamlining operations to improve the bottom line. Netflix hit a low point in 2022, when revenue dipped to 6.64% growth, and net income fell 12.2% year over year to $4.49 billion. Since then, things are coming back, and it's demonstrated in the share price. A good start to the year In the first quarter, top-line growth was slightly slower than 2025, but the benefits of that growth were better. Netflix reported an operating margin of 31.7% versus a margin of 28.1% in 2024, while earnings were $6.61 per diluted share versus earnings of $5.28 in the first quarter of 2024. Year-over-year growth improved in the second quarter, with a 15.9% increase in total revenue, and operating margin of 34.1% compared to 27.2% in Q2 2024. Earnings for the second quarter increased 47.3% to $7.19 due to a combination of increased net income, and a lower overall share count. The second half sounds great Looking into the second half of the year, Netflix provided some upbeat forecasting. Third-quarter results are anticipated to be pretty strong relative to Q3 of 2024. Revenue is anticipated to grow by 17.3% year over year to $11.5 billion, while operating margin is expected to be 17.3% versus 15% the year prior. The real kicker is earnings, which are anticipated to increase 27.2% year over year to $6.87 per diluted share. In all, Netflix has had solid free cash flow, and seems primed to keep going if its lineup for the second half of the year delivers for users. Upcoming content The platform's lineup for the second half of the year kicked off with the highly anticipated (and irreverent) Happy Gilmore 2, and that's just the start. The company is slated to premiere many popular options including Wednesday season 2, Frankenstein, A House of Dynamite from Kathryn Bigelow, and the final season of the extremely popular Stranger Things. This is just to name a few of the upcoming pipeline that is a part of Netflix's continued strategy of attempting to create content for the broadest audience possible. An example of this is partnering with channels overseas to provide content to a global audience. For example, the company noted in its second quarter shareholder letter that it had partnered with TF1, a popular broadcaster in France, to deliver its content to streamers. To me, this is essential to outpacing competitors in this ever-popular space, and keep the stock as a good investment. I would argue that it's going to be virtually impossible to avoid the ever-expanding popularity of streaming, and Netflix seems to be holding onto the reins despite mounting pressure from a variety of competitors including Walt Disney, Paramount Global, and others. Given Netflix's current trend of improving annual net income, I think it is a strong stock to own right now, even after already gaining 33% this year. Should you buy stock in Netflix right now? Before you buy stock in Netflix, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Netflix wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 David Butler has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Netflix and Walt Disney. The Motley Fool has a disclosure policy. Up 33% Year to Date, Is Netflix Stock Still a Buy? was originally published by The Motley Fool