GovLaunch: Will buyouts continue across the federal government?

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?