Over 200 employees at the Government Printing Office accepted buyouts and early retirement packages during the second half of 2011.
GovExec reports that a total of 247 employees took the offer, and 65 others left the agency because of scheduled retirement or other job offers. GPO says this will save $17.9 million during this fiscal year and $23.9 million in FY 2013.
Currently, GPO employees a little over 1,900 people.
This is just the latest in a string of buyouts and early outs being offered by various federal agencies in an attempt to save money and streamline processes.
(Take a look at GovExec's Buyout Watch for more details.)
Is your agency offering buyouts or early outs? Do you think this will make the government more efficient -- or will it leave agencies short-handed?
Linking to good related discussion on when to take buyouts: http://www.govloop.com/forum/topics/when-should-you-take-a-buyout-c...