Only 75,000 federal employees accepted Musk's "resignation package," and Trump may initiate mass layoffs

2025-02-13 12:15:21
Collection

ChainCatcher news, according to Jinshi reports, approximately 75,000 federal employees have signed a voluntary resignation program initiated by the "Government Efficiency Office" led by Musk. This is below the number hoped for by the White House, increasing the likelihood of further large-scale layoffs.

Insiders confirmed that this number accounts for about 3% of the total 2.4 million civilian employees in the federal government, while the White House had previously set a target of 5% to 10%. The so-called "buyout" program allows federal employees to leave in February but continue to receive their salaries until the end of September. The program stopped accepting applications on Wednesday evening. The Trump administration has repeatedly warned federal employees that the "buyout" program might be their best opportunity. Trump has already asked federal agencies to prepare for layoffs.

Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
Related tags
ChainCatcher Building the Web3 world with innovators