The Trump administration’s offer to pay federal employees through September if they agree to leave by February has attracted over 40,000 sign-ups, about 2% of the federal civilian workforce.
The administration expects a rush of applications before the deadline and estimates that 5-10% of the federal workforce could take the offer.
Federal employee unions have urged members not to take the deal, questioning its legality and enforceability, and OPM has warned workers that their jobs may not be safe if they don’t take the offer. Bloomberg’s Gregory Korte reports on Bloomberg Intelligence
——–
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
WATCH HERE: http://bit.ly/3vTiACF
Follow us on X: https://twitter.com/BloombergRadio
Subscribe to our Podcasts:
Bloomberg Daybreak: http://bit.ly/3DWYoAN
Bloomberg Surveillance: http://bit.ly/3OPtReI
Bloomberg Intelligence: http://bit.ly/3YrBfOi
Balance of Power: http://bit.ly/3OO8eLC
Bloomberg Businessweek: http://bit.ly/3IPl60i
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay: https://apple.co/486mghI
Android Auto: https://bit.ly/49benZy
Visit our YouTube channels:
Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts
Bloomberg Television: https://www.youtube.com/@markets
Bloomberg Originals: https://www.youtube.com/bloomberg
Quicktake: https://www.youtube.com/@BloombergQuicktake