Treasury Department is set to lay off a ‘substantial’ number of employees, official says

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People take pictures of the U.S. Treasury Department building in Washington, D.C., on Feb. 6, 2025.

Mandel Ngan | AFP | Getty Images

The Treasury Department is planning to furlough a “substantial” level of its workforce in conjunction with Elon Musk‘s efforts to shrink the size of the federal government, according to a court document.

As part of a complaint in a related case, Trevor Norris, the department’s deputy assistant secretary in human resources, indicated that the layoffs will be coming as part of the Department of Government Efficiency’s ongoing moves to cut the federal employee rolls.

In a sworn statement, Norris said the Treasury is wrapping up plans to comply with President Donald Trump‘s executive order backing DOGE’s activity. The Treasury currently has more than 100,000 employees.

“These plans will be tailored for each bureau, and in many cases will require separations of…

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