Finance News – Staff Cuts
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Kiplinger • Jun 18, 2025
Fewer Agents, Fewer Audits: How IRS Staff Cuts Are Changing Enforcement
Decreases in IRS personnel have led to more audits ending without adjustments, which may contribute to a growing disparity between owed taxes and actual payments.
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CNBC Business • May 16, 2025
Federal Reserve will reduce staff by 10% in coming years, Powell memo says
The planned workforce reduction at the U.S. central bank is expected to decrease employee numbers significantly, potentially affecting operational costs and budget allocations over...
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