Fed to Cut Staff by 10% Over Several Years

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Fed to Cut Staff by 10% Over Several Years

nytimes.com/2025/05/16/business/federal-reserve-job-cuts.html

In an internal memo to staff on Friday, Jerome H. Powell, the chair of the central bank, said the institution would offer a voluntary deferred resignation program.

This story appeared on nytimes.com, 2025-05-16 18:46:57.