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Federal Downsizing: The Costs and Savings of Buyouts Versus Reductions-in-Force
GGD-96-63: Published: May 14, 1996. Publicly Released: May 24, 1996.
Pursuant to a congressional request, GAO reviewed federal workforce downsizing, focusing on the projected costs and savings from federal workforce buyouts and reductions-in-force (RIF) over a 5-year period.GAO found that: (1) employee buyouts could produce over $60,000 more in net savings over 5 years than RIF for each vacated position because buyouts can be used at higher grade levels that genera...