Washington D.C. - The Small Business Administration (SBA) announced a significant staffing reduction on Friday, confirming plans to cut 43% of its workforce. This move aligns with the current administration's broader initiative to reduce the size and scope of the federal bureaucracy.
SBA officials stated that the reduction aims to improve efficiency and streamline operations. The agency emphasized its commitment to continuing to provide support and resources to small businesses across the country, despite the personnel changes.
The specific departments and positions affected by the cuts have not yet been detailed. However, the SBA assured that it is working to minimize disruption and ensure a smooth transition. The agency plans to leverage technology and process improvements to maintain its level of service to small business owners. Critics of the decision have voiced concerns about the potential impact on the SBA's ability to effectively serve the small business community.
Small Business Administration to Reduce Staff by 43%
The Small Business Administration (SBA) announced Friday it will reduce its staff by 43%. This reduction is part of a larger effort by the current administration to streamline the federal government. The SBA aims to improve efficiency while still supporting small businesses. The changes are expected to impact various departments within the agency.
Source: Read the original article at CBS