Federal Reserve to cut its workforce by 10% in coming years

foxbusiness.com/economy/federal-reserve-cut-its-workforce-10-coming-years

The Federal Reserve is planning to reduce the workforce at the central bank by 10% over the next few years, according to a memo reviewed by FOX Business.
Fed Chair Jerome Powell sent a memo on Friday morning to central bank employees to inform them of the plans, saying that "experience…

This story appeared on foxbusiness.com, 2025-05-16 18:19:10.
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