DOGE's Devastating Consequences Linger for Federal Agencies
The sudden and mysterious collapse of Dogecoin, a cryptocurrency that was once touted as a legitimate alternative to Bitcoin, has left a trail of destruction in its wake. A year after the devastating event, which saw thousands of employees lose their jobs due to a lack of paychecks from the agency’s DOGE wallet, the General Services Administration is now planning to hire hundreds of new employees. The GSA, which lost approximately 5,000 employees last March as part of Dogecoin’s collapse, has announced plans to fill around 400 positions. According to an internal email viewed by sources, the agency is seeking to recruit individuals who can help restore its financial stability and ensure the continued operation of its services. The move comes as a welcome relief for federal workers who were affected by the DOGE debacle. With the hiring process expected to begin soon, employees are eagerly anticipating the opportunity to return to their jobs and receive regular paychecks once again. The GSA’s decision to hire new staff is also seen as a sign of the agency’s commitment to restoring stability and normalcy after the chaotic events of last year. As the agency moves forward, it remains to be seen how Dogecoin will impact the broader cryptocurrency market and its potential effects on other government agencies that may still be using the currency.