SoftBank's Arm China lays off workers, outlook grim
13 Articles
13 Articles
MONEY & BUSINESS: Exclusive-SoftBank’s Arm China lays off workers as outlook grim -sources – One America News Network – U-S-NEWS.COM
Website 👉 https://u-s-news.com/ Telegram 👉 https://t.me/usnewscom_channel By Jane Lanhee Lee, Josh Horwitz and Stephen Nellis OAKLAND, Calif/SHANGHAI (Reuters)
SoftBank's Arm China lays off workers as outlook grim: Sources
CALIFORNIA: SoftBank Group Corp's chip technology firm Arm's China joint venture laid off 90 to 95 employees last week to cope with a challenging business outlook this year, according to three sources familiar with the situation. The layoffs come as SoftBank tries to set up a public listing for Arm this ye
SoftBank's Arm China lays off workers as outlook grim - ET Telecom
The layoffs come as SoftBank tries to set up a public listing for Arm this year. The China market has been a major source of growth, although a two-year management dispute at the joint venture that resulted in the ousting of the former CEO created some challenges.
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