The Federal Housing Finance Agency (FHFA) is undergoing significant restructuring, resulting in the elimination of key offices, such as the Office of Minority and Women Inclusion. Despite statutory protections for some roles, employees are being placed on administrative leave, affecting around 10% of its workforce. Additionally, the agency has plans to review compensation and expects workers to return to the office full-time. Leadership insists that these moves comply with existing regulations, despite limited explanations for the changes.
Some roles protected by statute will be relocated, following eliminations in key offices, leading to about 10% of FHFA's workforce facing layoffs.
FHFA is undergoing a restructuring process eliminating the Office of Minority and Women Inclusion while ensuring compliance with existing laws and statutes.
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