Federal Reserve To shoot 10% of the frame for several years

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In the federal reserve, it said that the workforce will decrease by 10 percent in the coming years, because “the responsible manager of public reserves”.

Fed The department, Jey Powell, in the internal e-mail in the field of finances, the Federal Reserve Board and its network “increased growing ways to determine, identify functions in the necessary locations and respond to our regular mission.”

He added: “Our general personnel level will decrease by about 10 percent in the next few years.”

The Federal Reserve Council in Washington has 3,000 people, and the whole system has 24,000 employees.

The decision of the Central Bank is coming to the president at a time Donald Trump‘s management called upright discounts to spend between government agencies. The President has repeatedly stopped the period of reducing interest in the Fed in Fed in recent weeks.

Government Efficiency (DOGE) Sex (DOGE), Elon Musk, who led the desired cutting driver, said that the fed was “absurdly overstaffed”. At the same time, the Fed’s plans were decided within the agency and said that a man familiar with the issue was not done in Behge.

Powell, Bloomberg first said he would offer a voluntary postponed resignation program to retire to employees, fed employees by Bloomberg, until December 31, 2027.

Voluntary resignation proposal applies only to the Governors of Governors, although the 10 percent decrease will be applied within the 12 regional banking federal reserve system.

Powell, to provide the “mission driver” of their budgets, “a” careful and responsible and responsible manager of the family, “he said.

“Experience here and elsewhere, that for any organization, it is healthy to take a new look at its employees and resources for any organization,” he said.

“I believe that in the case of the same honest and intentional mood, he said.