Skip to content
Bull Bear Daily

Bull Bear Daily

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Politics
  • Top News
  • Newsletters
  • Home
  • 2025
  • July
  • 31
  • About 154,000 federal workers took Trump administration’s buyout offers, source says
  • Newsletters

About 154,000 federal workers took Trump administration’s buyout offers, source says

Bull Bear Daily July 31, 2025

By Alexandra Alper and Courtney Rozen

WASHINGTON (Reuters) -Roughly 154,000 federal employees have taken buyouts offered by the Trump administration this year, part of a broader push to slim the federal workforce, a person familiar with the matter said on Thursday. 

The resignations, which amount to 6.7% of the civilian federal workforce, are the result of a program launched in January by billionaire Elon Musk, a former adviser to President Donald Trump, with an email titled “Fork in the Road.” The buyouts included staff at the Departments of Agriculture and Energy, and the Internal Revenue Service, among others. 

Similar buyout offers were made in the following months at different agencies.  The number of employees taking buyouts was first reported by the Washington Post.

In exchange for leaving, the administration agreed to pay the employees for several months after ceasing work, but all will be off federal payrolls by the end of the year, the person emphasized.

“In normal times, a 6.7% turnover rate would not be unusual for the federal government,” said Don Moynihan, a professor at the University of Michigan’s Ford School of Public Policy. “But these are not normal times. Along with the firing of probationary employees and other large-scale reductions in force, the deferred resignation program deeply cuts government capacity.”

The White House and the Office of Personnel Management did not immediately respond to requests for comment. 

Attrition in the U.S. government’s civilian workforce was 5.9%, or 116,000 workers, in 2023, according to the Partnership for Public Service, a non-profit that compiles statistics on federal staff.    

Employees opted into the buyout program amid plans from Trump and Musk to eliminate their jobs. Days after the administration closed its initial buyout offer, the administration fired tens of thousands of employees who were new to their jobs. Cabinet secretaries have promised more cuts in the coming months. 

The 154,000 workers who took buyouts do not include staff who were fired or opted into other programs to slash the federal payrolls, such as an incentive program to retire early. 

(Reporting by Alexandra Alper and Courtney RozenEditing by Rod Nickel)

About the Author

Bull Bear Daily

Administrator

Visit Website View All Posts

Post navigation

Previous: Starbucks shares rise as CEO Niccol’s turnaround efforts gain traction
Next: Never mind Wall Street records, investors rethink US market supremacy

Related Stories

2025-11-26T064800Z_1_LYNXMPELAP07T_RTROPTP_4_UKRAINE-CRISIS-ATTACK-ZAPORIZHZHIA.JPG
  • Newsletters

Russian drones injure 19, cause extensive damage in Ukraine’s Zaporizhzhia

Bull Bear Daily November 28, 2025 0
  • Newsletters

Morning Bid: Will the Fed come to the rescue?

Bull Bear Daily November 28, 2025 0
2025-11-24T105337Z_2_LYNXMPELAN0B8_RTROPTP_4_GERMANY-DAILYLIFE-FRANKFURT.JPG
  • Newsletters

German business sentiment unexpectedly falls in November, Ifo survey finds

Bull Bear Daily November 27, 2025 0

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Sign up for our free Bull Bear Daily Newsletter!

Discover new market trends and ideas directly to your inbox.

Recent Posts

  • Russian drones injure 19, cause extensive damage in Ukraine’s Zaporizhzhia
  • Morning Bid: Will the Fed come to the rescue?
  • German business sentiment unexpectedly falls in November, Ifo survey finds
  • Russia says amended US peace plan must reflect ‘spirit and letter’ of Trump-Putin summit in Alaska
  • USDA chief economist Seth Meyer to step down

You may have missed

2025-11-26T064800Z_1_LYNXMPELAP07T_RTROPTP_4_UKRAINE-CRISIS-ATTACK-ZAPORIZHZHIA.JPG
  • Newsletters

Russian drones injure 19, cause extensive damage in Ukraine’s Zaporizhzhia

Bull Bear Daily November 28, 2025 0
  • Newsletters

Morning Bid: Will the Fed come to the rescue?

Bull Bear Daily November 28, 2025 0
2025-11-24T105337Z_2_LYNXMPELAN0B8_RTROPTP_4_GERMANY-DAILYLIFE-FRANKFURT.JPG
  • Newsletters

German business sentiment unexpectedly falls in November, Ifo survey finds

Bull Bear Daily November 27, 2025 0
2025-11-25T111453Z_3_LYNXMPELAO0GA_RTROPTP_4_RUSSIA-BELARUS.JPG
  • Newsletters

Russia says amended US peace plan must reflect ‘spirit and letter’ of Trump-Putin summit in Alaska

Bull Bear Daily November 27, 2025 0
  • Home
  • Privacy Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Home
  • Privacy Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
Copyright 2025 © All rights reserved | Bull Bear Daily | bullbeardaily.com