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.

The Federal Reserve is planning to reduce its headcount by about 10% in the next couple of years, mainly through attrition, ...

Federal Reserve Chair Jerome Powell told staff in a memo Friday the central bank will be lowering its staffing levels in the ...

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 will look to reduce its headcount by 10% over the next couple of years, including offering deferred ...