Tariff turmoil could undercut Trump's buyout offers to federal workers
Source: Reuters
April 7, 2025 9:34 PM EDT Updated 12 hours ago
WASHINGTON, April 7 (Reuters) - A host of U.S. federal agencies have unveiled fresh buyout offers to slash their workforce, renewing a voluntary program that preceded the first wave of mass firings led by Elon Musk's Department of Government Efficiency.
About 75,000 federal workers accepted the first offer, but some economists queried how many would take it this time, after President Donald Trump sent world markets into a downward spiral and raised fears by unveiling sweeping new tariffs last week.
The treasury department, defense department and human resources agency the Office of Personnel Management, are among those that recently unveiled a new version of the "deferred resignation program". The offer gives workers the chance to go on leave with pay until September before formally exiting their roles.
On Monday, the Department of Homeland Security asked non-law enforcement employees to consider voluntarily resigning, retiring or taking a buyout of as much as $25,000 in a new voluntary program, an internal email showed. DOGE, the White House, Treasury, Defense and OPM did not immediately respond to requests for comment.
Read more: https://www.reuters.com/world/us/tariff-turmoil-could-undercut-trumps-buyout-offers-federal-workers-2025-04-07/
None of that "buyout" money was authorized.
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