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

MT HANNACH
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Washington (Reuters) – About a third of the staff of the US trade department office, supervising $ 39 billion in manufacturing subsidies for flea manufacturers was dismissed this week, according to two sources familiar with the situation.

The Commerce Department has not responded to requests for comments.

Reuters reported last month that the new Trump administration, which has embarked on a spectacular overhaul of the federal government, examines the projects awarded by the American flea law 2022. This law aims to increase the American production of semiconductors with subsidies and loans to flea industry.

Forty staff members lost their job on Monday, said the sources, who spoke under the guise of anonymity. Staff members, who had probation status, received emails around 2 p.m. on Monday that they were dismissed and that they had left at 4 p.m., said one of the people.

About twenty other staff members left last week as part of the government’s delayed resignation program, the person said.

The director of investments at the office, Todd Fisher, resigned last week, according to an email seen by Reuters. A source familiar with the situation has said that his resignation has been planned in recent months.

(Report by Karen Freifeld, David Shepardson and Alexandra Alper; edition by Paul Simao)

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