Story perspectives
OCC Lays Off 76 Amid Workforce Cuts and Consolidation Concerns
2/22/2025
23 2
1 of 1
Story summary
- The OCC will lay off 76 probationary employees due to federal workforce reductions mandated by President Trump.
- The National Treasury Employees Union contests these layoffs, asserting they are not performance-related.
- The OCC refutes intentions to accept transferred employees from other agencies, addressing consolidation worries.
- Project 2025 seeks to merge banking regulatory agencies, prompting concerns over regulatory clarity and stability.
