Musk Buyouts Poised to Hit US’s $400 Billion Green Energy Bank
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The Energy Department’s $400 billion green bank and clean energy funding office are set to be among the hardest hit in a second round of voluntary employee buyouts as part of Elon Musk’s effort to cull the size of the federal government, according to people familiar with the matter.
More than 2,700 of the Energy Department’s roughly 16,000 employees have so far applied for the deferred resignation program, said the people, who requested anonymity to discuss private figures.