GSA plans hundreds of federal office lease cancellations

The General Services Administration (GSA) plans to cancel hundreds of federal office leases in the coming months. This decision, made in collaboration with Elon Musk's Department of Government Efficiency, affects various agencies across the country. Lease cancellations are set to begin on June 30, with several agencies, including the Federal Energy Regulatory Commission and the Internal Revenue Service, among those impacted. Additional cancellations are scheduled for August 31 and September 30, affecting offices in multiple states. Agencies must either negotiate new leases or relocate if they wish to continue operations at these sites. The GSA has provided a detailed list of affected locations and their respective square footage.