In an internal memo to staff on Friday, the central bank’s chair, Jerome H. Powell, said it would offer a voluntary deferred ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a ...

In a message to board employees, the central bank chair said “changes around staffing and operations can be challenging." ...

Federal Reserve staff now view a recession as “almost as likely” as their baseline forecast, according to minutes from the ...

The disclosure by the Federal Reserve that it plans to slash its workforce by 10 percent in coming years strikes us as ...

The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line ...

The Federal ... Reserve Board employees who are eligible for full retirement as of Dec. 31, 2027, similar to how the central bank handled its workforce reductions in a 1997 efficiency push. "Board ...

The lower headcount will come from a voluntary deferred resignation program, not layoffs, according to an internal memo.

The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred ...

Federal Reserve Chair Jerome Powell announced a planned ... This initiative aligns with a broader federal effort to scale back government staffing, with leadership directed to consolidate ...

The Federal Reserve is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal.