Donald Trump, seen here signing executive orders on his first day in office, is offering many federal employees a buyout. Anna Moneymaker/Getty Images 2025-01-29T02:05:26Z ...

The letter, which was shared by the US Office of Personnel Management, said federal employees had from January 28 to February 6 to decide whether they'd like to resign under this program.

Under the plan, Pershing would buy out other stockholders at $85 per share for $1 billion total, according to a letter from Ackman that was filed with the Securities and Exchange Commission.

A federal judge said the Trump administration's "deferred resignation" offer could go forward and about 40,000 federal workers had accepted the deal.

The buyout proposal offers a 30% payment for missed payments from the second quarter of this year and then lump-sum payouts based on how long ago someone invested.

Striking production and advertising workers at the Pittsburgh Post-Gazette have accepted a buyout offer, the Communications Workers of America union announced Thursday. The news comes after the ...

U.S. employees across multiple divisions offered chance to leave with severance.