The U.S. Treasury Department plans "massive" layoffs in response to the DOGE reduction call

ChainCatcher News, a statement submitted by a U.S. Treasury official in a court document indicates that the U.S. Treasury is planning large-scale layoffs in response to the efforts led by Musk's Department of Government Efficiency (DOGE) to reduce the size of the federal workforce.

Currently, the Treasury is finalizing its plans to implement the executive order related to the DOGE initiative signed by Trump. According to the court documents, these plans will be tailored to various agencies under the Treasury, and in many cases, will involve significant job cuts through layoffs.