SoftBank’s Arm to slash hundreds of jobs after Nvidia deal collapse

March 15, 2022 9:06 AM

SAN FRANCISCO (BLOOMBERG) – Arm Ltd, the SoftBank Group unit preparing for an initial public offering, will cut as much as 15 per cent of its workforce, part of an effort to rein in spending and focus on fewer projects.

Source : https://www.straitstimes.com/business/companies-markets/softbanks-arm-to-slash-hundreds-of-jobs-after-nvidia-deal-collapse