Small Business Administration for Restructuring to shorten around 2,700 jobs

New York (AP) – Small Business Administration will reduce 43%or about 2,700 jobs as part of a reorganization of 43%or about 2,700 jobs.

The SBA was founded in 1953 to offer small companies to resources and helps the administration of loans to small businesses and disaster repetitions. It played a crucial role during pandemic and helped spread out small business. Now the goal is to return to the pre-Pandemic levels of staff and to shorten some programs during the bidet management, said the new head of SBA, Kelly Loeffler.

“By eliminating non-mission-critical positions and consolidation functions, we will return to the personnel level of the last Trump administration,” said Loeffler in a statement.

The SBA said that its loan guarantee and disaster relief programs as well as their field and veteran operation will not be affected. The personnel reductions, which submit 2,700 jobs from the agency of the agency of 6,500 jobs, will be a combination of voluntary resignation, the course of the covid era and other appointments and some jobs.

The federal authority’s layoffs are part of a larger campaign by the Trump government to reduce the federal employee.