US Chips Act Office Staff Faces Major Reductions Amid Trump Administration Changes

Reported about 8 hours ago

The US office overseeing a $52 billion chip subsidy program is set to lose around 40% of its staff due to cuts implemented by the Trump administration, including voluntary resignations and terminations of probationary employees. This reduction poses challenges to the implementation of the Chips and Science Act, which aims to strengthen domestic chip production. While the leadership has managed to protect key negotiations and evaluations, the future of operational aspects and smaller project awards remains uncertain.

Source: YAHOO

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