Over 2,000 Social Security workers accepted buyouts

marketwatch.com

The Social Security Administration (SSA) plans to cut about 12% of its workforce, which consists of 57,000 employees. This decision is part of a broader effort to reduce costs and improve efficiency. So far, more than 2,000 workers have accepted a voluntary buyout offered by the SSA. This incentive includes a one-time payment for employees who choose to leave their jobs. The deadline for accepting this offer was March 14. Out of 2,674 employees who applied for the buyout, around 2,477 have been confirmed as eligible. This number reflects the SSA's ongoing efforts to manage its workforce size effectively. The agency continues to emphasize the importance of maintaining service quality despite these reductions.


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