💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

U.S. environmental agency to offer buyouts to cut staff: memo

Published 06/01/2017, 08:28 PM
© Reuters. FILE PHOTO: Scott Pruitt, administrator of the Environmental Protection Agency (EPA), speaks to employees of the agency in Washington

By Valerie Volcovici

WASHINGTON (Reuters) - The U.S. Environmental Protection Agency plans to offer some employees a buyout program to reduce staff, according to an internal memo seen by Reuters, as President Donald Trump proposes slashing the agency's budget and workforce to reduce regulation.

The memo sent by acting Deputy Administrator Mike Flynn on Thursday said the agency wants to complete the buyout program by September. It did not give a dollar figure for the buyouts or say how many employees it hoped would take the offer.

The memo was sent to all employees at the same time EPA Administrator Scott Pruitt joined Trump at the White House to announce that the United States would withdraw from the Paris climate agreement.

"Early outs and buy outs ... can help us realign our workforce to meet changing mission requirements and move toward new models of work," the memo said. "The authority encourages voluntary separations and helps the Agency complete workforce restructuring with minimal disruption to the workforce."

The EPA would see the biggest cuts of any federal agency in Trump's 2018 budget proposal, with a 31 percent reduction in budget and the elimination of over 3,200 employees. The EPA employs about 15,000 people.

In the memo, Flynn said the White House Office of Management and Budget must still approve the buyout plan. The EPA and other federal agencies have offered buyouts to employees from time to time in the past.

Details on the selection criteria for employees in the pool were still being worked out, the memo said.

Career staff at the EPA have been on edge since Trump took office, as the president vowed to undo major EPA air and water regulations in his first 100 days.

Pruitt, who was an instrumental voice in convincing Trump to withdraw the United States from the Paris climate accord, doubts that human beings drive climate change and believes the agency should pare back regulations on the energy industry.

© Reuters. FILE PHOTO: Scott Pruitt, administrator of the Environmental Protection Agency (EPA), speaks to employees of the agency in Washington

The agency has also removed references to climate change and links to key EPA climate change reports from its website.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.