Latest in Workers Buyout
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Some GOP officials say federal workers buyout program is illegal
Some Republicans have pointed out at least two reasons the offer for "deferred resignations" to government employees is unlawful.CBS News - 10h -
5 things to know about Trump’s buyout plan for federal employees
Decision time is looming for an estimated two million federal employees who are eligible for the buyout plan proffered by President Trump. Workers have until Thursday to decide whether or not to ...The Hill - 2d -
Federal workers assured the buyout offer is 'valid, lawful, and will be honored'
Federal workers received emails from top officials at their agencies informing them that the resignation offers they received are "valid, lawful, and will be honored."ABC News - 2d -
Why the Trump-Musk buyout offer risks dumbing government down
History teaches that running the government is different from running a business and that a downsized workforce is not synonymous with a more efficient workforce.The Hill - 2d -
Is Trump’s ‘buyout offer’ a good deal for federal workers? Is it even legal?
There are some key questions employees should ask about the Trump administration’s deferred resignation offer. ‘Overall and generally speaking, no, I don’t see this a good deal,’ an attorney said.MarketWatch - 2d -
Google offers 'voluntary' buyouts to hardware and platform teams
The move comes ahead of expected layoffs as Google continues to "push a little further" with cost cuts.CNBC - 3d -
DOJ sidesteps language endorsing legality of buyouts in email to staff
A small tweak to an email encouraging federal employees to take a buyout indicates the Justice Department wouldn’t vouch for the legality of the program. The Trump administration is battling ...The Hill - 3d -
We reviewed college athlete contracts -- here's how performance adjustments, buyouts and bowl incentives work
College athletes are getting paid; here's exactly what that looks likeCBS Sports - 3d -
Nissan slimming down US production, offering buyouts
Japanese automaker Nissan is slimming down its production in the U.S. and offering buyouts to workers in a push to cut jobs after reporting losses during the last quarter. Nissan is offering ...The Hill - 4d -
Justice Department sues to block $14 billion Juniper buyout by Hewlett Packard Enterprise
U.S. government regulators sued to block Hewlett Packard Enterprise’s $14 billion acquisition of rival Juniper Networks on Thursday, saying the combination would eliminate competition, raise prices ...ABC News - 4d -
Trump buyout plan faces legal, logistical roadblocks
The Trump administration’s efforts to shrink the federal government by offering what amounts to a buyout to federal employees is raising questions about its implementation and legality. The offer ...The Hill - 4d -
Some government employees dismayed after Musk jokes about buyout offer
After the Trump administration offered two million government employees buyouts on Tuesday, DOGE head Elon Musk joked about the offer, leaving some employees dismayed.ABC News - 5d -
Examining the legality of Trump's buyout offer to federal workers
President Trump is offering around two million federal workers to resign and be paid through September. Some Democratic lawmakers are pushing back against the buyouts, claiming they aren't legal. ...CBS News - 5d -
5 questions about Trump’s federal employee buyout offers
The Trump administration is offering what amounts to buyouts for federal workers who don’t want to return to the office as part of the president’s breakneck efforts to reshape the government in his ...The Hill - 5d -
GOP Speaker backs Trump buyout plan: ‘Drastic times call for drastic measures’
Speaker Mike Johnson (R-La.) on Wednesday backed the Trump administration’s decision to offer buyouts to federal workers who do not plan to return to the office, telling reporters that “drastic ...The Hill - 5d -
Trump’s Federal Buyout Memo Has Echoes of Musk’s 2022 Twitter Purge
A new memo offering “deferred resignation” to all federal employees seems to be taking its strategy from Musk’s chaotic Twitter takeover.Inc. - 5d -
DOGE: Government employees who take buyout can go on vacation or 'watch movies and chill'
President Trump’s “Department of Government Efficiency” (DOGE) said federal employees who take the government buyout option can take a vacation or “watch movies and chill.” “Answering the most ...The Hill - 5d -
Trump administration offering buyouts to nearly all federal workers
The Trump administration is offering millions of federal workers the option to accept buyouts through a government-wide "deferred resignation" program.CNBC - 5d -
Shadows of Musk in the Government’s Buyouts Plan
President Trump’s chief cost-cutter cheered an effort to persuade federal workers to quit — in a fashion that closely resembles a purge at Twitter.The New York Times - 5d -
Tokyo stock exchange looks to protect small investors as buyouts surge
Minority shareholders viewed as victims of sales that undervalue companiesFinancial Times - 6d -
Trump administration offers buyouts to all 2 million federal workers
The Trump administration is offering buyouts to all 2 million federal workers, saying it could lead to a cost savings of 100 billion dollars. And a federal judge temporarily blocked President ...NBC News - 6d -
Trump administration offers roughly 2 million federal workers a buyout to resign
The Trump administration offered federal workers the chance to take a "deferred resignation" with a severance package of roughly eight months of pay and benefits.NBC News - 6d -
Trump administration offers buyouts to all 2 million federal workers
The Trump administration is offering buyouts to all 2 million federal workers, saying it could lead to a cost savings of 100 billion dollars. And a federal judge temporarily blocked President ...NBC News - 6d -
Live updates: Trump admin to offer federal employees buyout
A federal judge temporarily blocked President Trump’s plan to freeze federal aid minutes before it was set to go into effect late Tuesday afternoon. The "brief administrative stay" came shortly ...The Hill - 6d -
Trump administration to offer buyouts to all federal workers ahead of return to office
The Trump administration is offering all 2 million federal employees what amounts to a buyout if they do not intend to return to work in person later this year, sources confirmed to The Hill. Four ...The Hill - 6d -
Bill Belichick signs North Carolina contract: Buyout, bonus money details as legendary coach inks deal
Belichick is set to be one of the highest-paid coaches in college footballCBS Sports - Jan. 23 -
Trump sued over federal worker play
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump sued over order targeting federal workers An executive order from President ...The Hill - Jan. 21 -
C.E.O.s, and President Trump, Want Workers Back in the Office
Amazon, JPMorgan and others have been telling their employees that remote work is over. Now federal employees have been ordered to come to work in person, too.The New York Times - Jan. 21 -
Giuliani reaches tentative settlement with Georgia election workers
Attorneys for Rudy Giuliani and two former Georgia election workers said Thursday they have reached a tentative settlement, a remarkable twist that would end the workers’ extensive litigation to ...The Hill - Jan. 16 -
Bill Belichick's UNC contract? It's not signed yet, opening up 'consequential' questions about $10M buyout
Belichick has a term sheet proposal, but whether breaking that would be difficult is a legal gray areaCBS Sports - Jan. 16 -
Road workers find body in motorway undergrowth
Police say the body was found by National Highways road workers.BBC News - Jan. 14 -
Private equity targets Europe for big buyout deals
Total value of large private equity deals in Europe increased at twice the rate of the rest of world in 2024Financial Times - Jan. 12 -
Thousands of Providence Health Workers Strike in Oregon
This is a MedPage Today story. Nearly 5,000 healthcare workers from Providence Health began a strike Friday morning, picketing all eight Providence hospitals in Oregon, after months of contract ...ABC News - Jan. 11 -
Will the new presidency affect WFH for federal workers?
Winds of change are blowing, and for federal workers these could bring an end to the widespread remote work policies adopted and enhanced during the pandemic. Recommendations from the new ...The Hill - Jan. 10 -
Italy’s luxury wineries rely on illegal migrant workers
Barolo, Barbaresco and other high-end wines made in Langhe region grapple with dependence on undocumented labourersFinancial Times - Jan. 10 -
Ubisoft appoints advisors to explore strategic options after report on potential buyout
Ubisoft said Thursday it's appointing advisors to review and pursue strategic options, following a report that its majority backers were considering a buyout.CNBC - Jan. 9 -
These 4 Factors Are Driving Up Worker Productivity
U.S. businesses are benefitting from hybrid work, fewer meetings, better AI use, and more startups, increasing total output and offsetting post-pandemic wage increases.Inc. - Jan. 8 -
Piers Morgan targets US after YouTube venture buyout from Rupert Murdoch’s News UK
British presenter’s production company to acquire his ‘Uncensored’ showFinancial Times - Jan. 8 -
New year, new deal: the buyout boom poised to take over City lawyers’ lives
Around-the-clock work will be commonplace to tackle an M&A surge fuelled by tax changes, activist investors … and the Trump factor. Whether they’re on skis or a sunlounger, there is no beach, ...The Guardian - Jan. 5