Tuesday, 02 January 2024 12:17 GMT

20,000 Federal Workers Employees Take Donald Trump's 'Buyout' Offer


(MENAFN- Live Mint) More than 20,000 federal employees, roughly 1% of the US federal workforce, have signed up for a resignation offer that would allow them to quit their jobs while continuing to receive taxpayer-funded salaries until the end of September, as per a report in Bloomberg.

The offer, which has been extended to government employees , is expected to lead to a significant uptick in resignations as Thursday's deadline approaches, according to an official familiar with the data.

President Donald trump , along with his efficiency czar, Elon Musk , CEO of Tesla Inc. and SpaceX, aims to reduce the size of the federal workforce by as much as 10%. However, reaching this target may prove challenging as the nearly 2.3 million civilian federal employees include a number of workers, such as defense, intelligence, postal, and law enforcement personnel, who are ineligible for the offer.

Employees who choose to leave by February's end are free to pursue other jobs, as long as they do not conflict with federal employment, and must agree not to sue the government.

The administration's offer has sparked significant interest, with numbers expected to rise before the deadline.

White House unveils buyout offer for federal employees fefusing to return to office

The White House has introduced a buyout offer aimed at federal employees unwilling to return to in-person work, in alignment with President Donald Trump 's directive to end COVID-19-era remote work policies. The offer, which could lead to the departure of thousands of federal workers, is part of broader efforts to restructure the government workforce.

Currently, only about 6% of the over 2 million federal employees are working full-time in the office. With the new offer, the White House anticipates that between 5% and 10% of federal workers will accept, which could affect hundreds of thousands of individuals, according to a report in Axios.

MENAFN04022025007365015876ID1109168481


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.