Small Business Administration cutting 43% of staff in latest move to downsize executive branch

[BumRushDaShow]

Source: CBS News

Updated on: March 21, 2025 / 12:02 PM EDT


Washington — The Small Business Administration on Friday said it is cutting more than 40% of its staff as part of the Trump administration's wider effort to shrink the federal bureaucracy.

Roughly 6,500 people, or less than half-a-percent of the entire federal workforce, are employed at the SBA, according to the most recent data available. The agency said in a statement that it will "reduce its workforce by 43%" and said the cuts would save more than $435 million a year by next fiscal year.

"The strategic reorganization will begin a turnaround for the agency by restoring the efficiency of the first Trump Administration, as well as its focus on promoting small businesses," the agency said. "Core services to the public, including the agency's loan guarantee and disaster assistance programs, as well as its field and veteran operations, will not be impacted." The Senate voted to confirm former Sen. Kelly Loeffler to as the agency's administrator in February. In a video posted to X on Friday, Loeffler said it's time to "rightsize the agency."

"Since the pandemic, the SBA has doubled its workforce, expanding in size, scope and spending with miserable results," Loeffler said in the video. "That's why change is coming to the SBA. ... This agency is done wasting millions of tax dollars to fund a progressive pandemic-era bureaucracy. We will not allow fiscal mismanagement to threaten our loan programs or criminals to get away with fraud. But we will evaluate every program and expenditure and we will rightsize the agency to transform the SBA into a high-efficiency engine for America's entrepreneurs and taxpayers."

Read more: https://www.cbsnews.com/news/small-business-administration-40-percent-staff-cuts/

---

"The strategic reorganization destruction will begin a turnaround mean the end for the agency by restoring eliminating the efficiency of the first Trump Administration Biden Administration, as well as and its focus on promoting small businesses,"

[snowybirdie]

1. And they have a new job

Trump just said they'd handle all student loans instead of the Education Department

[Prairie Gates]

2. 43% makes it seem "surgical" - not 40% or 50% or even 45%, but 43%

They think we're all idiots.

When it comes to the journalists who repost their nonsense or the headline writers who catapult this garbage, they might be right. Or, these shitbags are in on it.

[Stargleamer]

3. "a progressive pandemic-era bureaucracy". . .

if I'm not mistaken, Ike, hardly a progressive, created the SBA.