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NuScale Lays off 40% of its Staff

According to reports in the Huffington Post and the Oregonian newspaper, NuScale laid off 40% of its over 500 employees on Friday January 5th. The Huffington Post cited a recording of a virtual meeting held with NuScale employees Friday morning and cited two sources with direct knowledge of NuScale’s plans which confirmed the details of the layoffs.  The Oregonian cited statements from Bruce Landrey, NuScale’s chief marketing officer. According to the Oregonian, the company has been hard pressed...

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