Thursday
December 11
2025

Devex Invested: Anxiety Brews at World Bank Over Workforce Overhaul

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If the mood inside the World Bank’s Washington headquarters feels anxious this week, there is a good reason. The institution is embarking on a massive workforce overhaul and has announced plans to phase out all short-term consultant, or STC, positions by January 2027. That’s roughly 22,000 people.

Photo courtesy of Nicola Barts.

Source: Devex (link opens in a new window)

Categories
Investing
Tags
development finance, employment, global development