March 5, 2025
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2:38Now PlayingThe IRS is drafting plans to cut its workforce by as much as half through. This is through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation. On Tuesday, the two people spoke on condition of anonymity because they weren’t authorized to disclose the plans. The layoffs are part of President Trump's administration’s efforts to shrink the size of the federal workforce through billionaire Elon Musk’s Department of Government Efficiency by closing agencies, laying off nearly all probationary employees who have not yet gained civil service protection and offering buyouts to almost all federal employees through a “deferred resignation program” to quickly reduce the government workforce.
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