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DOGE to cancel hundreds of federal office leases

  • The Department of Government Efficiency plans to cancel nearly 800 federal agency building leases throughout the country as part of an effort to cut government waste.
  • The General Services Administration is notifying landlords about the lease terminations, which will affect agencies by June to December.
  • Ending the leases will save the government roughly $500 million, which is less than 1% of the cost-cutting goal of $1 trillion.
  • Several departments, including the IRS and the Agriculture Department, are expected to face multiple lease cancellations, prompting concerns.
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The Business Journals broke the news in United States on Thursday, March 13, 2025.
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