The Federal Deposit Insurance Corp. board on Friday voted to cut the agency's payroll 6% by yearend 1999, to 7,241.

The bulk of the 419 job cuts are to come from the supervision division, which will shrink by 159 employees, to 2,585; the legal division, which will drop 124 staff members, to 882; and the finance division, which will lose 50 jobs, to 539.

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