For the first time in 13 years, the Fed will cut about 300 jobs by the end of 2023.
Hawk_Finance
2023-09-25 17:54:28
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According to media reports, the Federal Reserve system will cut about 300 jobs by the end of this year, the first layoffs at the agency in 13 years。In recent years, as the Fed's influence in the economic and regulatory agenda has expanded, the agency's staff has reportedly been growing year by year.。The layoffs are the first by the Fed since 2010 and are aimed primarily at supportive positions.。
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