US Federal Reserve Chair Jerome Powell told staff yesterday that the bank plans to cut its workforce by around 10 per cent in ...

The Federal Reserve plans to reduce the agency’s head count by 10% over the next “couple” of years. In a memo sent internally ...

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 ...

Experience here and elsewhere shows that it is healthy for any organization to periodically take a fresh look at its staffing and resources,” Powell wrote in a memo.

The decision could impact financial markets, raise interest rates, and highlight fiscal challenges for the U.S. government.

Tariffs and fears of a recession complicate what will likely be Jerome Powell's last year as chairman of the central bank.

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

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 is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair ...

La Reserva Federal planea reducir su plantilla en aproximadamente un 10% durante los próximos años, principalmente mediante ...

Tariffs are looking less thorny, for sure, as the U.S. negotiates agreements with other countries. But that’s not to say it’ll be a perfectly smooth path ahead.