An Article Summarized by CNBC
Around 20,000 IRS employees have shown interest in accepting a deferred resignation offer from the Trump administration, potentially shrinking the agency’s workforce by about 20%. If all of them follow through, they will be placed on paid leave through the end of the fiscal year on September 30. This development coincided with Tax Day and comes amid broader efforts by the administration to reduce the size of the federal workforce. According to internal reports, the IRS may ultimately cut up to 40% of its staff through layoffs and resignations, with about 12,000 already having left since January.
The Treasury Department noted that the number of employees departing under President Trump roughly matches the hiring increases made during President Biden’s term, framing the move as a rollback of what it called “wasteful” hiring surges. The administration argues that consolidating support functions and streamlining operations will enhance both efficiency and service quality.
For the full article: https://www.cnbc.com/2025/04/15/irs-resignation-treasury-tax-deadline-trump.html
