Staff cuts made at majority of central banks since 2013


The financial crisis, restructuring of departments and expanding mandates have had a dramatic impact on staff numbers at central banks since 2013, according to data from the 2019 Central Banking Directory.

Of the 177 central banks surveyed, 52 saw an increase in their staff numbers between 2013 and 2018, while 104 institutions cut their staffing. A total of 21 central banks saw no changes to the number of staff.

China has retained the top spot in terms of total staff numbers with just over 127

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