SBA announces agency-wide reorganization

On Friday, the Small Business Administration announced plans for an agency-wide reorganization. The agency will reduce its workforces by 43 percent, ending the "expansive social policy agenda of the prior Administration, eliminating non-essential roles, and returning to pre-pandemic staffing levels."

The SBA's news release indicated that core services to the public, including the agency’s loan guarantee and disaster assistance programs, as well as its field and veteran operations, will not be impacted.

Under the reorganization plan, the agency will eliminate approximately 2,700 active positions out of a total active workforce of nearly 6,500 through voluntary resignations, the expiration of COVID-era and other term appointments, and a limited number of reductions in force (RIFs).