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‘Read the room’: Trump policies prompt acclaimed hydrogen player backed by oil giants to slash workforce by 60%

Houston-based Syzygy Plasmonics backed by Saudi Aramco, Chevron and Equinor says it is ‘adjusting the company to match the market’

US President Donald Trump speaks at the White House earlier this week.
US President Donald Trump speaks at the White House earlier this week.Photo: REUTERS/SCANPIX
Editor, Hydrogen Insight
Published 7 February 2025, 14:02Updated 7 February 2025, 16:17
United StatesSaudi AramcoChevronEquinor