Maryland Gov. Wes Moore will offer a voluntary buyout program and implement a hiring freeze for state employees, according to an internal letter.

The Moore administration plans to slash about $121 million from the state’s personnel budget through a combination of buyouts to state employees, a hiring freeze and elimination of at least 150 vacant positions,

Maryland Gov. Wes Moore announced a hiring freeze will go into effect July 1 and voluntary buyouts are on the way as the state looks to close a $121 million budget shortfall for the next fiscal year.