“U.S. tax agency considers letting go of 45,000 workers”

#IRS #EmployeeLayoffs #USGovernment

The U.S. Internal Revenue Service (IRS) is contemplating a significant reduction in its workforce, with plans to potentially lay off about half of its current 90,000 employees. This move comes as part of the IRS’s efforts to streamline operations and cut costs amidst changing economic conditions and technological advancements.

The IRS plays a crucial role in the functioning of the U.S. government by collecting taxes and enforcing tax laws. However, in recent years, the agency has faced challenges such as budget constraints and increasing demands for efficiency. As a result, the IRS is now exploring ways to restructure its workforce to adapt to the evolving landscape.

Ramesh Khatri, a representative of Kansai Nepal News, stated that the potential employee layoffs at the IRS could have far-reaching implications on tax collection and enforcement processes. Khatri emphasized the need for careful consideration and strategic planning to ensure that the IRS can continue to fulfill its responsibilities effectively despite the workforce reduction.


Author: MAYA | HARUTO
Posted at: March 6, 2025 12:01 am