Small Business Administration reduce about 2,700 jobs under restructuring

The small business administration has announced that it would reduce about 2,700 jobs that make up about 43% of their labor within the agency’s restructuring.

SBA, which was created in 1953 to offer resources small businesses and help manage small business loans and restore the consequences of natural disasters, said reducing one’s labor Of the 6,500 people, they were part of the efforts to return to the previous staffing schedule after the agency played a key role during a pandemic pandemic.

Kelly Loffler, heading SBA, said on Friday that the agency focused on “stopping the expansive social policy program of the previous administration, eliminating insignificant roles and returning to the personnel personnel level.”

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The small business administration has announced that it would reduce about 2,700 jobs. (Anna Moneymaker / Getty Images / Getty Images)

“By eliminating critical positions and consolidation that are not a mission, we will return to the level of the last Trump administration,” Loffler said in a statement.

SBA said its loan guarantees and assistance programs in natural disasters, as well as on the ground and veterans, will not remain affected. A Reduced personnel schedule Volunteer resignations, COVID era and other destination terms and some job cuts will be included.

“Today, SBA has announced a 43%reduction in labor, the right agency size to the previous personnel security level,” Lofler wrote on Friday.

Kelly Loffler, administrator of the American Administration of Small Business (SBA), during a joint session of Congress at the US House House in Washington, Colombia County, Tuesday, March 4, 2025. (Getti Image)

This happens when the Trump administration seeks to reduce the size of the federal labor force, the efforts headed by the Department of Government Efficiency Elon Musk, or Dage.

President Donald Trump Separately, he announced on Friday that the SBA would take great responsibility, saying that the agency would consider student loans under the plan of switching duties from the Education Department, which the president insists.

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Small Business Administration Kelly Loffler appears on Prantage Plastics in Bay -Sity, Michigan, March 14, 2025. (Getti Image)

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SBA “is ready to work with Congress and Administration to return the accounting to the student loans in America,” Lofler replied on X.

“As the largest government government on business loans, SBA is ready to deploy its resources and experience on behalf of taxpayers and students,” she continued.

Reuters contributed to this report.