New York City headed for 'economic tsunami,' Mayor Eric Adams warns

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New York City headed for 'economic tsunami,' Mayor Eric Adams warns
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Mayor Eric Adams is looking to tighten the city's budget again. A multi-billion dollar deficit is expected next year. GainerTV reports.

For one, he's ordered a partial hiring freeze as he warns of an"economic tsunami" coming towards New York City.

In a letter to commissioners of city agencies, the mayor's budget director said 50% of open city government jobs will not be filled - about 4,700 jobs. This doesn't apply to uniformed members of the FDNY, NYPD or teachers, or positions that generate revenue. "No one is escaping. We're going to do it in levels that's not going to hurt delivery of services and safety of city," Adams said.

New York City Comptroller Brad Lander was critical of the so-called"Program to Eliminate the Gap," and responded to this new letter saying the directive"furthers our concerns about recruiting and retaining the staff needed to implement critical programs from traffic safety improvements to housing applications." "I just think that he needs to focus on his office and delivering services," Adams said.

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