US CHIPS Act Office Lays Off About a Third of Its Staff, Sources Say
The U.S. Commerce Department's office overseeing $39 billion of manufacturing subsidies for chipmakers has significantly downsized its workforce, with approximately one-third of its staff let go in a sudden move. The layoffs have been prompted by the new administration's review of the 2022 CHIPS Act projects, which aims to boost domestic semiconductor output. This change marks a significant shift in the agency's priorities and operations.
- This mass layoff may signal a broader trend of restructuring within government agencies, where budget constraints and changing priorities can lead to workforce reductions.
- What implications will this have for the future of U.S. chip production and national security, particularly as the country seeks to reduce its dependence on foreign supplies?