State Department is offering buyouts
- By FederalSoup Staff
- Nov 13, 2017
The State Department has announced that it is offering voluntary buyouts and early retirement incentives as part of an effort to address unnecessary and organizational layering supervisory levels, Government Executive reports.
According to the report, buyout offers worth $25,000 will be offered to the first 641 diplomats and staff who commit to leaving the agency by April, and the long-term goal is to cut its workforce by 8 percent, which would mean 1,982 employees would have to leave after all workforce reduction efforts.
Accountants at the State Department have said that only 1,341 are projected to quit or retire by September 2018, leading to the buyout offers, the article notes.