The Small Business Administration (SBA) has initiated a major reorganization plan to cut its workforce by 43%, affecting 2,700 employees and expected to save $435 million. An email sent to workers unveiled a second chance for a deferred-resignation deal originally offered by the Office of Personnel Management. This new offer permits employees to retain their pay and benefits until September 2025, exempting them from in-person work, while emphasizing the agency's ongoing commitment to serve the American public effectively. However, acceptance is not guaranteed as SBA maintains discretion to ensure operational continuity.
SBA's reorganization will eliminate 2,700 jobs, a 43% workforce cut, aiming for $435 million in savings. Employees are given another chance for a deferred-resignation offer.
The SBA's deferred-resignation offer allows employees to retain pay and benefits without in-person work until September 2025, while continuing to honor those who stay.
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