Durable Goods (Jun F) -9.4% vs 9.3% Prior, Ex-Trans 0.2% vs 0.2%
Investing.com -- On Thursday, Health and Human Services Secretary Robert F. Kennedy Jr. is expected to announce a major restructuring plan for the department, which will lead to the elimination of 10,000 full-time positions, according to The Wall Street Journal, citing a reviewed document. This move is part of an effort to reshape the nation’s health agencies and will also involve the closure of half of the department’s regional offices.
The job cuts will affect various departments within HHS that are responsible for critical functions such as responding to disease outbreaks, approving new medications, and managing insurance programs for low-income Americans. These reductions come on top of the approximately 10,000 employees who have already left the department since the start of President Trump’s administration, having accepted voluntary separation offers.
With the implementation of these changes, the Health and Human Services Department will see its workforce decrease by about 25%, from over 80,000 to 62,000 federal health employees. Despite this significant reduction in staff, the department will retain five regional offices. Documents reviewed indicate that essential health services are expected to continue without disruption.
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