SBA to Slash Workforce by 43%: A Return to Pre-Pandemic Simplicity!
The Small Business Administration (SBA) has announced a sweeping cut of 43% in its workforce, equating to approximately 2,700 jobs, in a bid to return to pre-pandemic staffing levels. The move aims to focus on core missions like capital provision, disaster relief, and support for veteran-owned businesses, all while trimming roles born out of pandemic-era needs. The agency claims these measures are necessary to combat 'mission creep,' but some voices warn they may weaken the SBA's efficacy, especially in servicing small businesses across America.
Mar 22