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flag FDIC plans additional 20% staff cuts with Elon Musk's DOGE, facing union opposition.

flag The FDIC is working with Elon Musk's Department of Government Efficiency (DOGE) to cut its staff by an additional 20%, aiming to increase efficiency. flag The FDIC has already reduced its workforce through voluntary resignations, retirements, and deferred resignations. flag Labor unions have criticized these efforts, arguing that significant cuts could disrupt essential operations.

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