The Federal Deposit Insurance Corp. intends to let go more than 1,200 employees as part of the Trump administration’s plans to slash the federal workforce.
The job cuts are set to come through a combination of voluntary retirements and separations from the agencies, as well as leaving open jobs at the agency unfilled, FDIC leadership said in an email to agency staff Monday.
The total 1,250 in cuts the agency seeks will include 500 people who took the Trump administration’s deferred resignation program offer earlier this year, according to the email.
If not enough FDIC staff agree to leave voluntarily, ...