IRS Begins Layoffs During Tax Season, Plans To Cut 25% Of Workforce To Boost Efficiency

Benzinga

The IRS began a new round of layoffs Friday, starting with its Office of Civil Rights and Compliance, according to ABC News. The IRS plans to cut nearly a quarter of its workforce starting Friday to improve efficiency, affecting multiple offices and job categories. A Treasury Department spokesperson said the IRS staffing reductions are driven by process improvements and technological advances to boost efficiency and service. Experts warn the timing of widespread layoffs is risky and could cause delays during tax season.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02The IRS began a new round of layoffs Friday, starting with its Office of Civil Rights and

00:05Compliance, according to ABC News. The IRS plans to cut nearly a quarter of its workforce

00:10starting Friday to improve efficiency, affecting multiple offices and job categories.

00:15A Treasury Department spokesperson said the IRS staffing reductions

00:19are driven by process improvements and technological advances to boost efficiency

00:24and service. Experts warn the timing of widespread layoffs

00:27is risky and could cause delays during tax season.

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Transcript

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