Jeb Bush's struggling presidential campaign is broadly cutting costs and focusing on early voting states, a source confirmed to CNBC on Friday.
The former Florida governor's organization will reduce payroll by 40 percent, chopping salaries across the board except for entry level staff. Bush's campaign will also cut its headquarters staff, as well as overhead and travel costs.
"We are making changes today to ensure Jeb is best positioned to win the nomination and general election," the campaign said in a statement. "We are moving our resources into the states to ensure that voters in primary and caucus states are introduced to his record and vision for the future."