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Trump admin to cut Small Business Admin staff by 43%
[THEPOSTMILLENNIAL] The Small Business Administration (SBA) plans to cut its workforce by 43 percent as the agency is going through a widespread restructuring much like other government agencies as the Trump administration works to cut back on spending and bureaucratic bloat.SBA Administrator Kelly Loeffler announced on Friday that around 2,700 jobs will be cut from the staff of 6,500. ''The SBA was created to be a launchpad for America's small businesses by offering access to capital, which in turn drives job creation, innovation, and a thriving Main Street,'' Loeffler said in a statement. "But in the last four years, the agency has veered off track — doubling in size and turning into a sprawling leviathan plagued by mission creep, financial mismanagement, and waste." "Just like the small business owners we support, we must do more with less. We have therefore submitted plans to pursue a strategic restructuring that will realign the agency and its resources with our founding mission," Loeffler added in a statement. In a video posted to X, the SBA administrator also emphasized that the workforce has doubled since the start of the Covid-19 pandemic, and that there are often "rows of empty desks" at the SBA building with many staffers working remotely. Related: Small Business Administration: 2025-03-21 Husband of former congresswoman Cori Bush charged with wire fraud Small Business Administration: 2025-03-11 DOGE and agencies cancel 200,000 federal government credit cards Small Business Administration: 2025-02-24 Staggering sum Gavin Newsom is pleading with Congress to approve to help rebuild Los Angeles after... Posted by: Fred 2025-03-23 |
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