By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Trump offers to buy out federal workers who do not return to office
News

Trump offers to buy out federal workers who do not return to office

News Room
Last updated: 2025/01/28 at 7:34 PM
By News Room
Share
3 Min Read
SHARE

Unlock the White House Watch newsletter for free

Your guide to what the 2024 US election means for Washington and the world

The White House has offered buyouts to nearly all federal employees who do not wish to return to work in the office, giving them until February 6 to accept.

Its human resources arm sent a letter to hundreds of thousands of government workers on Tuesday evening offering eight months of salary to any who resigned by next Thursday. It included a “deferred resignation letter” for anyone who wanted to participate.

Federal employees may choose to return to work in the office full time, but those workers could be cut later, according to a copy of the White House’s memo seen by the Financial Times.

“At this time we cannot give you full assurance regarding the certainty of your position or agency but should your position be eliminated you will be treated with dignity and will be afforded protections in place for such position,” the memo read.

The memo to employees follows a series of executive orders Trump signed last week requiring employees return to the office full time, altering hiring processes and updating the system to assess senior government workers.

The move, less than two weeks after Trump returned to the presidency, comes while he rushes to slash federal spending as he implements an agenda to deregulate the US economy and downsize the government.

Trump tasked billionaires Elon Musk and Vivek Ramaswamy to lead a new Department of Government Efficiency tasked with finding federal programmes to slash. Ramaswamy has already departed from Doge.

On Tuesday, the White House issued a memo freezing federal payments to programmes, including those helping the country’s poor, but a federal judge blocked the plan just minutes before it was to take effect.

Last week, Trump’s administration halted foreign aid programmes and moved to scrap loans and grants for clean energy projects.

The Republican president expects that “the majority of federal agencies are likely to be downsized”, though some agencies and military branches could see increases in the size of their work force, the memo said.

The offer could affect large swaths of the federal workforce. A December report from the Office of Personnel Management found that 43 per cent of civilian federal workers engaged in telework on “a routine or situational” basis.

The offer to employees did not say how much money it hoped to save from the federal employee buyout scheme. The White House did not immediately respond to a request for comment.

Read the full article here

News Room January 28, 2025 January 28, 2025
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
How Black-ish Creator Kenya Barris and REVOLT Labs are building a creator empire

Watch full video on YouTube

Why Infiniti is pinning its turnaround hopes on its new SUV

Watch full video on YouTube

ConocoPhillips: More Upside Given Long-Term Cash Flow Tailwinds (NYSE:COP)

This article was written byFollowOver fifteen years of experience making contrarian bets…

LIVE Stock market today: Dow rises, S&P 500 and Nasdaq slip as chip stocks tank, oil surges

Watch full video on YouTube

Perspective: Apple’s crackdown on vibe coding apps

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

ConocoPhillips: More Upside Given Long-Term Cash Flow Tailwinds (NYSE:COP)

By News Room
News

MaxCyte, Inc. (MXCT) Q1 2026 Earnings Call Transcript

By News Room
News

Draganfly Inc. (DPRO) Q1 2026 Earnings Call Transcript

By News Room
News

Fidelity Blue Chip Growth Fund Q1 2026 Commentary (FBGRX)

By News Room
News

Ryerson Holding Corporation 2026 Q1 – Results – Earnings Call Presentation (NYSE:RYZ) 2026-05-09

By News Room
News

Gogo Inc. (GOGO) Q1 2026 Earnings Call Transcript

By News Room
News

Magnite, Inc. 2026 Q1 – Results – Earnings Call Presentation (NASDAQ:MGNI) 2026-05-07

By News Room
News

Sound Point Meridian Capital Preferreds: Inadequate Compensation For Embedded Credit Risk

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?