Categories
Uncategorized

Washington Post: Fed to cut 400 jobs as it processes fewer checks

John Berry reports on job cuts at the Federal Reserve resulting from fewer checks to process.

With Americans writing fewer checks, the Federal Reserve announced yesterday that it will stop processing checks at 13 of its 45 nationwide sites, close five of them and reduce employment by a net of 400 jobs.

This site uses Akismet to reduce spam. Learn how your comment data is processed.