The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a ...

The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair ...

The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line ...

Experience here and elsewhere shows that it is healthy for any organization to periodically take a fresh look at its staffing and resources,” Powell wrote in a memo.

Tariffs and fears of a recession complicate what will likely be Jerome Powell's last year as chairman of the central bank.

The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred resignation to some older employees, central bank chair Jerome Powell said in a ...

Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.

The Fed has left it's key interest rate unchanged for three consecutive meetings, with Chair Jerome Powell citing economic ...

In a message to board employees, the central bank chair said “changes around staffing and operations can be challenging." ...

The Fed's warning echoes that of analysts who say U.S. companies could face inventory shortfalls as a result of ...

Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the ...

Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...