Small business management to reduce about 2700 jobs as part of restructuring

The small business administration has announced that it will reduce about 2700 jobs, which make up about 43 % of the workforce, as part of the agency’s restructuring.

SBA, which was established in 1953 to provide resources to small companies and assist in managing small business loans and recovery from disasters, said in a statement. Cut its working power Among the 6,500 people were part of the efforts to return to the prenatal employment levels, after the agency played a major role during the epidemic in helping to distribute small commercial aid.

“The agency focuses on” ending the extensive social policy agenda of the previous administration, eliminating unnecessary roles, and returning to prenatal employment levels. “

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“By eliminating critical situations and unifying jobs, we will return to employment levels in the recent Trump administration,” Levler said in a statement.

SBA said that loan and disaster assistance programs, as well as their field operations and old warriors, will remain uncompromising. the Employment discounts It will include voluntary resignations, the end of the Covid era and other range dates and some reductions in jobs.

“Today, SBA has announced a 43 % reduction in the workforce, the agency’s size to prenatal employment levels,” Lovler wrote on Friday on X.

This comes at a time when the Trump administration is seeking to reduce the size of the federal workforce, an effort led by the Ministry of Governmental Efficiency led by Elon Musk, or Doug.

president Donald Trump He announced separately on Friday that SBA will bear more responsibility, saying that the agency will deal with student loans as part of a plan to transform responsibilities away from the Ministry of Education, which the president pushes to close.

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Loefler answered X.

She continued: “As the largest guarantor of the government for labor loans, SBA is ready to deploy its resources and expertise on behalf of the taxpayers and students in America.”

Reuters contributed to this report.