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The small business administration announced that it would cut around 2,700 jobs, which makes about 43% of its workforce as part of the agency’s restructuring.
SBA, which was established in 1953 to help small businesses offer resources and administer small businesses and disaster recovery loans, said in a statement that it has been said in a statement that Cut off Of the 6,500 people, the efforts to return to pre-political staffing levels were part of the efforts, the agency played an important role during the epidemic in distributing small business assistance.
Kelly Lofler, who led the SBA, said on Friday that the agency is focusing on ending the agenda of the former administration, abolishing non-essential roles and returning to the former-zenghia staffing levels. “
The small business administration announced that it would cut about 2,700 jobs. (Anna Moneymaker / Getty Image / Getty Images)
Lofler said in a statement, “By terminating non-mental positions and consolidating the tasks, we will return to the staffing levels of the previous Trump administration.”
The SBA stated that its debt guarantee and disaster aid program, as well as its field and experienced operation, will remain unaffected. Staffing Reduction Voluntary resignations, the end of the Kovid-era and other word appointments and some job cuts will be included.
“Today, SBA announced a decrease in 43% of the workforce, giving the agency the correct shape for its east-pandent staffing levels,” Loeffler wrote on X on Friday. “We are ending the useless expenses, mismanagement, and partisan agenda of biden administrators. We will do more with less businesses, we will do more with less!”
Kelly Lofler, Administrator of the US Small Business Administration (SBA), during a joint session of the Congress on Tuesday, March 4, 2025 during a joint session of Congress at House Chamber in Washington, DC, US. (Getty image)
This comes when the Trump administration attempts to reduce the size of the federal workforce, an attempt by Elon Musk-LED Department of Government Efficiency, or Dogi.
chairman Donald Trump On Friday, a separate announcement was made that the SBA would take more responsibility, saying that the agency would handle the student loan as a part of the plan to transfer responsibilities away from the Education Department, which the President is insisting on shutting down.
Trump’s SBA head revealed the new ‘Made in America’ initiative
Small Business Administration Administrators Kelly Lofler, Bay City, Michigan, on March 14, 2025 speak in plastic. (Getty image)
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SBA “is ready to work with Congress and administration, which is to bring back accountability to the US student loan program,” Loeffler replied to X.
“As the biggest guarantor of government trade loans, SBA is ready to deploy its resources and expertise on behalf of America’s taxpayers and students,” he continued.
Reuters contributed to this report.
