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Reuters

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Business & Economics

US CHIPS Act office lays off about a third of its staff, sources say

Reuters
Summary
Nutrition label

79% Informative

One-third of the staff in the U.S. Commerce Department office overseeing $39 billion of manufacturing subsidies for chipmakers was laid off this week .

About 40 staff members lost their jobs on Monday , two sources familiar with the situation said.

The Commerce Department did not respond to requests for comment.

The new Trump administration is reviewing the projects awarded under the 2022 CHIPS Act .

VR Score

90

Informative language

97

Neutral language

60

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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