NEW YORK (AP) — The Small Business Administration said it will cut its workforce by 43%, or about 2,700 jobs, as part of a reorganization. The SBA was established in 1953 to offer resources to ...

The SBA, which provides resources to small businesses across America, said in a statement that it's cutting its workforce of 6,500 people by 43%. ... Small Business Administration to cut 2,700 jobs.

The Small Business Administration is preparing to cut 43% of its workforce, citing Elon Musk’s Department of Government Efficiency as the impetus behind the employee terminations.

The Small Business Administration, established in 1953, has long been supported by both parties. Its lending arm dispensed $56 billion in 2024 , and its flagship loan program is generally supposed ...

The Small Business Administration said it will cut its workforce by 43%, or about 2,700 jobs, as part of a reorganization.. The SBA was established in 1953 to offer resources to small businesses ...