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 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 ...

The central bank has been criticised by Elon Musk — who is running Trump’s Department of Government Efficiency — for what he ...