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Losing about 500 employees, resigned offers



About 500 Securities Workers and Exchange Commission, people who have a direct knowledge of the issue, in response to $ 50,000 in response to $ 50,000 shopping and postponed-postponing proposals agreed to leave the agency.

Representatives of the executive, exams and general consultants were further significant, they wanted to inform the people of the people, the discussion of insufficient information. The number can climb higher, because additional people accept the deadline for $ 50,000 to $ 50,000 before the last date of Friday. Some of the departures may not happen by the end of this year.

In total, the agency reflects about 10% of about 5,000 employees. Some former staff expressed concern that the agency could not manage the financial crisis, and one’s talent was given.

To comply with this purchase offer, employees had to have a wage of the agency before January 24. Voluntarily resigns, move to another agency or immediately retire. If they accept a voluntary separation agreement and return to SEC for five years, they must complete the stimulus.

A sec spokesman refused to comment on the march.

The more cost reduction is on the agency’s agenda. The Sec, Los Angeles and Philadelphia plans to eliminate leases. The General Services Office, which also examined the lease of the Chicago office, although it may come with an important financial sentence.

Regional Offices Controls the heavy part of the exam and execution. The highest levels of regional departments have been cut in regional departments if these roles are not compulsory.

SEC cuts have been criticized as not inappropriate to the management mission to reduce federal-government costs.

“Trump leadership may require all agency size to share proportional reductions of all institutions, proportional reductions,” Columbia Law School Professors John Coates, James Cox, Merritt Fox and Joel Seligman wrote a Blog Post last week. “But this is an extraordinary fact ignores the SEK: sequentially gained more dues than in operating costs.”

Reuters stated that hundreds of hundreds will be allocated.

This story was first displayed Fortune.com



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