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SoftBank's Arm China lays off workers, outlook grim

Summary by Reuters
SoftBank Group Corp's chip technology firm Arm Ltd's China joint venture laid off 90-95 employees last week to cope with a challenging business outlook this year, according to three sources familiar with the situation.

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Bias Distribution

  • 45% of the sources are Center, 45% of the sources lean Right
45% Right
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Live Mint broke the news in New Delhi, India on Saturday, February 11, 2023.
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