President Donald Trump’s administration has accepted over 50,000 federal employee resignations under a deferred resignation plan, a person familiar with the effort said. The Office of Personnel Management directed agencies to compile lists of underperforming employees by March 7th for potential termination. The Office of Personnel Management directed agencies to compile lists of employees with subpar performance ratings from the past three years to facilitate swift terminations. The administration’s workforce overhaul includes eliminating diversity programs and reclassifying jobs to facilitate firings.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Donald Trump's administration has accepted over 50,000 federal employee resignations
00:07under a deferred resignation plan. A person familiar with the effort said
00:12the Office of Personal Management directed agencies to compile a list of underperforming
00:17employees by March 7th for potential termination. The Office of Personnel Management directed
00:23agencies to compile a list of employees with subpar performance ratings from the past three years
00:28to facilitate swift terminations. The administration's workforce overhaul includes
00:33eliminating diversity programs and reclassifying jobs to facilitate firings.