IMF job buyout attracts more offers than planned

WASHINGTON, April 29 (Reuters) - Some 591 International Monetary Fund employees have requested buyouts under a restructuring plan by the fund to cut 380 jobs, a senior official said on Tuesday.

The buyout offer attracted more than the IMF had planned and about 100 to 125 staff who applied for buyouts would be asked to stay, the official told reporters. About 2,900 employees and the board of the IMF were eligible for the buyouts.

Six department heads are among those who responded to the buyout offer and will leave the institution over the coming year, the official added. (Reporting by Lesley Wroughton; editing by Neil Stempleman)