The agency had previously drawn up plans to cut roughly 18% to 20% of the 100,000-person workforce by the middle of May.
Few details of the announcement are known prior, creating anxiety among the business community and global leaders.
President Donald Trump has been calling April 2 "Liberation Day" as he reportedly plans a new round of tariffs.
The president's long-awaited tariff announcement will come on the same day Trump faces a possible rebuke from the Senate.
President Trump has set a deadline of Wednesday to announce sweeping tariffs ...
President Trump announced the U.S. will impose a minimum baseline of 10% tariffs on goods imported from all foreign countries ...
President Donald Trump is set to announce a barrage of tariffs Wednesday in what he is calling “Liberation Day." ...
Follow The Post’s live updates on President Trump’s “Liberation Day” tariff plan for the latest news, analysis and market ...
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