GSA to Terminate SEC's Leases in LA and Philadelphia, Transitioning to Telework

Reported about 6 hours ago

The General Services Administration (GSA) plans to terminate the Securities and Exchange Commission's (SEC) leases in Los Angeles and Philadelphia to cut federal office space costs, leading to potential closures by September. If new spaces are not secured by then, SEC employees will transition to full-time telework. This move reflects ongoing efforts to reduce government office expenditures, despite contradicting previous mandates for federal employees to return to the office.

Source: YAHOO

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