By MAE ANDERSON
NEW YORK (AP) — The Small Business Administration said it will cut its workforce by 43%, or about 2,700 jobs, as part of a reorganization.
Related Articles
National Politics | Eyeing China threat, Trump announces Boeing wins contract for secretive future fighter jet National Politics | Trump administration debates invoking ‘state secrets privilege’ around deportation flights National Politics | Facing anti-DEI investigations, colleges cut ties with nonprofit targeted by conservatives National Politics | Democrats’ new digital strategy tops trending charts but also draws mockery from allies and foes National Politics | Trump’s call to dismantle Education Department shows Republican rightward lurch and his grip on GOPThe SBA was established in 1953 to offer resources to small businesses and helps administer small business and disaster recovery loans. It played a crucial role during the pandemic, helping distribute small business aid. Now the goal is to return to pre-pandemic staffing levels and cut some programs started during the Biden administration, said the new head of the SBA, Kelly Loeffler.
“By eliminating non-mission-critical positions and consolidating functions, we will revert to the staffing levels of the last Trump Administration,” Loeffler said in a statement.
The SBA said its loan guarantee and disaster assistance programs, as well as its field and veteran operations, won’t be affected. The staffing reductions, which will cull 2,700 jobs from the agency’s workforce of 6,500, will be a combination of voluntary resignations, the expiration of COVID-era and other term appointments, and some job cuts.
The layoffs at the federal agency are part of a larger campaign by the Trump Administration to shrink the federal workforce, an effort has been led by Elon Musk’s Department of Government Efficiency.
Read More Details
Finally We wish PressBee provided you with enough information of ( Small Business Administration to reorganize, cut about 2,700 jobs )
Also on site :
- Thunder one win away from first NBA title in 46 years after defeating Pacers
- Asking Eric: Five close siblings cut sixth out of fun plans
- Who is Gareth Bale’s wife Emma Rhys-Jones, how long have they been married and how many children do they have?