GPO trims workforce with first quarter buyouts

Congress

GPO trims workforce with first quarter buyouts

The U.S. Government Publishing Office has trimmed its workforce by 5 percent as a result of employee buyouts.

Federal News Network Staff

February 4, 2015 10:53 am

< a min read

By Ginger Whitaker
Federal News Radio

The U.S. Government Publishing Office has trimmed its workforce by 5 percent as a result of employee buyouts.

A total of 103 employees took GPO’s buyout during the first quarter of FY 2015, according to a news release, resulting in a remainder of 1,699 employees.

Last year, GPO was among a handful of agencies that announced plans to offer Voluntary Separation Incentive Pay (VSIP) and Voluntary Early Retirement Authority (VERA).

According to GPO, the agency has reduced its workforce by 74 percent since 1980 through the use of new technologies.

“GPO continues to better position itself to respond to the 21st century digital information needs of Congress, Federal agencies, and the public,” GPO Director Davita Vance-Cooks said, in a release. “Reducing costs and improving efficiency in carrying out our mission of keeping America information are ongoing GPO objectives.”

The last time GPO offered buyouts was in 2011, which led to savings of about $24 million for the agency. GPO said it expects this most recent buyout will save around $7.1 million for the remainder of the fiscal year.

2014 Buyout and Early Retirement Guide