U.S. Small Business Administration Slashing 43% Of Staff

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The Small Business Administration said on Friday it will eliminate about 2,700 jobs, shrinking its workforce by 43%, as part of the Trump administration’s broader purge of the federal workforce.

The SBA, which provides resources to small businesses, said in a statement the layoffs were part of a reorganization aimed at “ending the expansive social policy agenda of the prior Administration, eliminating non-essential roles, and returning to pre-pandemic staffing levels.”

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The SBA said it had a workforce of nearly 6,500 people.

(Reporting by Nathan Layne in New York; Editing by Bill Berkrot)

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