News

Fed to Cut Staff by 10% Over Several Years
In an internal memo to staff on Friday, the central bank’s chair, Jerome H. Powell, said it would offer a voluntary deferred ...
Federal Reserve Will Cut Staff By 10%
The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a ...
Federal Reserve to cut its workforce by 10% in coming years
The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair ...
Powell plans reductions in Fed staff through attrition
In a message to board employees, the central bank chair said “changes around staffing and operations can be challenging." ...
The New York Sun8d
The Federal Reserve Cuts Its Staff
The disclosure by the Federal Reserve that it plans to slash its workforce by 10 percent in coming years strikes us as ...
Banking Dive9d
Fed to reduce headcount by 10% by end of 2027
The lower headcount will come from a voluntary deferred resignation program, not layoffs, according to an internal memo.
Federal Reserve will reduce staff by 10% in coming years, Powell memo says
The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred ...
US Federal Reserve aims to trim staff by 10% in coming years
The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line ...
Federal Reserve Plans to Reduce Staff by 10%
The Federal Reserve is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal.