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US SEC offers staff $50,000 to resign or retire, memo says

  • The U.S. Department of Education is offering staff up to $25,000 to resign or retire by March 31, as reported in a department-wide email.
  • The SEC is offering $50,000 for some employees to voluntarily resign or retire, with an application deadline of April 4, as reported by Bloomberg.
  • The offer from the Education Department is linked to rumored workforce reductions, according to Jacqueline Clay, a chief human capital officer.
  • President Donald Trump has expressed a desire to abolish the Department of Education, labeling it as a 'con job' that fails to educate students properly.
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USA Today broke the news in United States on Saturday, March 1, 2025.
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