If the Trump administration reaches its goal of cutting 5% to 10% of staff, more than 100,000 people will leave the federal workforce, making it by far the largest layoff in U.S. history. The current record-holder is IBM, which cut 60,000 jobs in 1993.

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The Trump administration warned federal employees that they could be furloughed if they don't accept a buyout offer.

The buyouts were being pushed by both President Trump and Department of Government Efficiency head Elon Musk as a way to drastically reduce the number of employees on the federal payroll.

Wes Battle has been glued to the phone at his financial-planning office in Maryland for days, endlessly fielding calls from clients, most of whom work for the federal government. They all want to know the same thing in a hurry: Is the U.S. Office of Personnel Management’s “fork in the road” offer a good deal financially?

The CIA confirmed Wednesday that it offered buyouts to employees who volunteer to resign, the latest group of federal workers to receive such a proposal as President Trump pushes to transform the federal government. A CIA spokesperson declined to say how many people received the offers or whether they face any deadline to decide.

President Donald Trump’s administration is offering buyouts to federal employees to quickly reduce the government workforce. They don’t have a long time to decide.

More than 60,000 workers have already accepted the offer which would allow them to resign and be paid through September.