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Home » The Treasury is planning to fire a significant number of employees, officials say
Economy

The Treasury is planning to fire a significant number of employees, officials say

Leslie StewartBy Leslie StewartMarch 26, 2025No Comments2 Mins Read
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The Treasury Is Planning To Fire A Significant Number Of
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People take photos of the US Treasury Department building in Washington, DC on February 6, 2025.

Mandelungan | AFP | Getty Images

According to court documents, the Treasury is planning to strike a “substantial” level of employees, along with Elon Musk’s efforts to reduce the size of the federal government.

As part of a complaint in the related incident, Trevor Norris, deputy director of Human Resources, has indicated that layoffs will come as part of the Department of Government Efficiency’s ongoing move to reduce federal employee roles.

In a sworn statement, Norris said the Treasury Department has put together plans to support President Donald Trump’s executive order to support Doge’s activities. The Ministry of Finance currently has over 100,000 employees.

“These plans are tailored to the departments, and in many cases require a significant number of employees to be separated through forced reductions (RIFs),” Norris said in his affidavit.

The case includes complaints about staying in a layoff by Maryland. Recently, three judges have issued a suppression order that temporarily halts Doge’s efforts to strike several divisions.

“The Treasury is considering many measures to increase efficiency, including rolling back a surge in employment during the useless Biden era and integrating key support functions to improve both efficiency and service services,” a spokesperson for the Treasury said in a statement. “The final decision has not been made yet, and the reversed current report is incorrect.”

Bloomberg News was the first to report a planned layoff.

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Leslie Stewart

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