US Small Business Administration Cutting More Than 40 Percent of Workforce

It means that about 2,700 staffers will be removed from the agency’s workforce of 6,500, the SBA announced.

(L–R) House Majority Whip Tom Emmer (R-Minn.), Administrator of the Small Business Administration Kelly Loeffler, and Secretary of Commerce Howard Lutnick attend the White House Crypto Summit in Washington on March 7, 2025. Jim Watson/AFP/Getty Images

The U.S. Small Business Administration (SBA) is planning to cut more than 40 percent of its workforce as part of a broader Trump administration effort to slash federal staffing, the agency announced Friday.

The agency said it is slashing 43 percent of its workforce pursuant to an executive order signed by President Donald Trump last month to initiate an “agency-wide reorganization,” which would return it to its “founding mission of empowering small businesses, and to restore accountability to taxpayers.”