The Social Security Administration is preparing for “significant workforce reductions.” As part of these changes, it has offered current employees up to $25,000 to resign. The Office of Personnel Management issued a memorandum earlier this week advising agency heads to have their reorganization plans developed by March 13,

The Social Security Administration is preparing layoffs as part of the Trump administration’s attempts to slash federal spending. Up to half of the agency’s workforce could be cut, according to media reports.