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WOCCU Let Go Over Half of Its Employees Due to USAID Freeze

WOCCU’s leader has some hope there’s a chance to rehire employees.

By Michael Ogden | February 07, 2025 at 05:21 PM
WOCCU and Worldwide Foundation for Credit Unions headquarters in Madison, Wis.

In a matter of a days after the Trump Administration issued a freeze on USAID funding and projects across the world, the World Council of Credit Unions (WOCCU) announced Friday that it let go more than half of its employees.

An email to CU Times from WOCCU President/CEO Elissa McCarter LaBorde confirmed the devastating ramifications to the organization from the funding freeze.

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