Treasury Department is set to lay off a ‘substantial’ number of employees, official says
The U.S. Treasury Department is set to undergo significant workforce reductions as part of Elon Musk’s initiative to streamline the federal government. In a recent court document, Trevor Norris, the department’s deputy assistant secretary in human resources, revealed that the layoffs are a result of the Department of Government Efficiency’s efforts to reduce the number of federal employees.
With President Donald Trump’s executive order supporting the Department of Government Efficiency (DOGE), Treasury is finalizing plans to implement workforce reductions. Currently employing over 100,000 individuals, the department will need to make “substantial” separations of employees through reductions in force (RIFs), according to Norris.
The state of Maryland has filed a complaint seeking to halt the layoffs, leading to temporary restraining orders issued by three judges against DOGE’s actions targeting various departments. The Treasury Department spokesperson stated that the department is exploring measures to enhance efficiency, including reversing excessive hiring patterns from the Biden administration and consolidating support functions to improve service quality.
Reports of the planned layoffs were first disclosed by Bloomberg News. The Treasury Department emphasized that no final decisions have been made and dismissed any premature reporting on the matter as inaccurate.
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