Health and Human Services Secretary Robert F. Kennedy Jr. plans to cut 10,000 full-time jobs across the department, according to CNBC. The cuts are on top of the 10,000 voluntary departures since Trump took office and will reduce HHS’s workforce by 25%. The department will also consolidate divisions, eliminate five regional offices, and centralize key functions. Kennedy says the overhaul will save nearly $2 billion annually and focus on reversing chronic disease. A new subdivision will combine programs addressing addiction, mental health, toxic substances, and more.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Health and Human Services Secretary Robert F. Kennedy Jr. plans to cut 10,000 full-time jobs
00:07across the department, according to CNBC. Cuts are on top of the 10,000 voluntary departures
00:12since President Trump took office that will reduce HHS's workforce by 25 percent.
00:17The department will also consolidate divisions, eliminate five regional offices,
00:20and centralize key functions. And he says the overall will save nearly $2 billion annually
00:25and focus on reversing chronic disease. A new subdivision will combine programs
00:29addressing addiction, mental health, toxic substances, and more.
00:33For all things money, visit Benzinga.com slash GSTV.