‘Morale is bad’ across FDIC workforce after reports of toxic workplace culture
Podcast:Federal Drive with Tom Temin Published On: Thu Jun 20 2024 Description: Federal Deposit Insurance Corporation leaders say employees are suffering from low morale, and that the agency is facing long-term recruitment challenges, as it deals with reports of a toxic workplace environment. Officials overseeing reforms at FDIC told members of the House Financial Services Committee on Wednesday that the agency needs a “fresh start,” after an independent investigation substantiated claims of a toxic workplace. Jonathan McKernan, co-chair of a special committee FDIC created to oversee an independent review of the agency’s workplace culture, said FDIC employees are “exhausted and distracted,” and face a “significant headwind” to do their jobs. Learn more about your ad choices. Visit podcastchoices.com/adchoices