The SEC Is Reportedly Offering Some Employees a $50,000 Buyout to Quit This Month

Bloomberg is reporting that the SEC is offering some employees $50,000 to resign or retire — within a month.

According to an email sent to staff on Friday by the agency’s COO, Ken Johnson (and reviewed by Bloomberg), the incentive is part of a voluntary separation or early retirement program.

Related: Verizon Tries to Steal ‘Top Talent’ From Rival AT&T With Email Promoting Its Hybrid and Remote Roles

Eligible employees have until March 21 to apply and need to leave by April 4.

In order to qualify, employees must have been on payroll before Jan. 24 and voluntarily resign, immediately retire, or transfer to another agency. The email notes that the $50,000 must

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