The Small Business Administration (SBA) is set to reduce its staff by 43% as part of a broader restructuring effort under the Trump administration’s push to cut government spending and eliminate bureaucratic waste.
On Friday, SBA Administrator Kelly Loeffler announced that 2,700 jobs would be eliminated from the agency’s 6,500-person staff. She explained that the SBA had drifted away from its core mission and had grown too large and inefficient in recent years.
“The SBA was created to be a launchpad for America’s small businesses by offering access to capital, which in turn drives job creation, innovation, and a thriving Main Street. But in the last four years, the agency has veered off track—doubling in size and turning into a sprawling leviathan plagued by mission creep, financial mismanagement, and waste,” Loeffler said in a statement.
According to Loeffler, the SBA’s workforce doubled during the COVID-19 pandemic, and many of its offices now sit underutilized, with rows of empty desks due to remote work policies. In a video statement posted to X, she emphasized the need for the agency to operate more efficiently.
“Just like the small business owners we support, we must do more with less. We have