The Consumer Financial Protection Bureau (CFPB) warned employees last week that workforce reductions may be necessary to meet new Congressional funding limits, according to an internal email described in press reports. The message asked staff to keep their résumés updated and noted that a formal restructuring remains on hold pending court outcomes, but that a reduction in force is under evaluation to align with the smaller budget, Reuters reported.
https://nationalmortgageprofessional.com/news/cfpb-warns-staff-possible-layoffs-funding-cap-looms