Reported about 5 hours ago
The Federal Deposit Insurance Corporation (FDIC) announced plans to reduce its workforce by approximately 20% as part of the Trump administration's initiative to decrease the federal workforce. The agency will implement measures such as early retirement and resignation incentives, aiming to cut about 1,250 positions. This move is part of a larger strategy to shrink government personnel, and the FDIC may resort to involuntary layoffs if voluntary measures are insufficient.
Source: YAHOO