Education Department Offers $25,000 Buyouts Ahead of Major Workforce Cuts
Employees have until Monday to accept the voluntary separation incentive aimed at reducing the department's size as part of broader restructuring efforts.
- The U.S. Department of Education is offering employees up to $25,000 to voluntarily resign or retire by Monday, March 3, 2025, as part of a planned workforce reduction.
- The buyout amount will be the lesser of $25,000 or the equivalent of severance pay, with eligibility restrictions including federal employment duration and prior benefit awards.
- Employees who accept the offer will have their resignations take effect on March 31, 2025, but will forfeit certain rights, such as unemployment benefits and re-employment protections under a formal reduction in force.
- The Trump administration has signaled intentions to significantly downsize or dismantle the Education Department entirely, though congressional approval would be required for its closure.
- Critics within the department have called the buyout offer misleading, noting that severance under a reduction in force could exceed the proposed incentive for many employees.