Natcast to Lay Off Majority of Its Staff

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Natcast, the non-profit organization created to run the U.S. CHIPS & Science Act’s National Semiconductor Technology Center (NSTC) told the majority of its staff they would be laid off this week, IEEE Spectrum has learned. A small core team will continue on to shut Natcast down over the next few weeks, a person familiar with the matter said.

The organization was founded in 2023 to run NSTC, which the law established to conduct “research and prototyping of advanced semiconductor technology and grow…



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Natcast to Lay Off Majority of Its Staff



Natcast, the non-profit organization created to run the U.S. CHIPS & Science Act’s National Semiconductor Technology Center (NSTC) told the majority of its staff they would be laid off this week, IEEE Spectrum has learned. A small core team will continue on to shut Natcast down over the next few weeks, a person familiar with the matter said.

The organization was founded in 2023 to run NSTC, which the law established to conduct “research and prototyping of advanced semiconductor technology and grow…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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