Sustaining trust, stability and operational resilience requires a proactive, risk-informed approach, even in the face of reduced regulatory scrutiny. offers and layoffs of probationary employees. According to Banking Dive, the FDIC aims to reduce its workforce by 1,250 — nearly 20%. Notably, the Voluntary Early Retirement Authority (VERA) and the Voluntary Separation Incentive Program (VSIP) are not being offered to “mission-critical” employees such as those in risk management and information security. Similarly, the NCUA has pulled back job offers and discussed early retirement programs in closed board meetings. Regulatory Report states the NCUA is considering a 16% staff reduction, or approximately INDEPENDENT REPORT | 21
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