YOUR BUSINESS AUTHORITY
Springfield, MO
The Federal Deposit Insurance Corp. plans to offer separation incentives to cut a fifth of its workforce.
Some 1,200 employees will be offered early retirement and buyout offers.
“Today’s announcement is part of a deliberate strategy to further reduce layers of management, acquire new skillsets and allow the agency to proactively address succession planning prior to any crisis or emergency situation,” said FDIC Chairwoman Jelena McWilliams. “This program will enhance our agility, preparedness and technological transformation.”
Read more from Government Executive.
BluCurrent Credit Union held a June 21 grand opening at an office building it renovated at 4520 S. National Ave.; Ozark Mountain Gymnastics changed ownership; and a Branson theater property made way for a new entertainment business with the opening of Star Concert Hall.