GPO Plans to Cut Workforce by 15 Percent

From the press release:

In response to overall Government cutbacks and projected reductions in appropriated funding, the U.S. Government Printing Office (GPO) informed employees today of its plan to send a request to Congress and the Office of Personnel Management (OPM) for authority to offer buyouts and early outs to the agency’s 2,200 employees. GPO’s goal is to achieve a personnel reduction of 15% (or 330 positions), including a reduction in management and supervisory levels of 25%. Once GPO is given authority, employees can be offered lump-sum payments up to $25,000 as an incentive to voluntarily separate from the agency. The actual amount of the payout is based on a formula. GPO will use current funds to conduct this program, which needs to be concluded by the end of the first quarter of FY 2012 to achieve the needed savings for the coming year. In combination with a careful workforce restructuring plan, GPO management believes these reductions in personnel can be achieved without compromising the agency’s ability to carry out mission critical operations.

[JH]