The Office of the Comptroller of the Currency is laying off 76 probationary employees, joining other federal banking regulators culling their workforces under an order from President Donald Trump.
The probationary employees were put on administrative leave until March 8, when their firings will officially take effect, according to a Friday all-staff email from acting Comptroller of the Currency Rodney Hood obtained by Bloomberg Law.
The termination process aligns with the Office of Personnel Management’s Jan. 20 guidance on probationary periods and administrative leave, Hood said.
“On behalf of the Executive Committee, I extend our heartfelt thanks to these employees ...
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