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.

Published 4 months ago · Minato, Japan

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Times of India

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.

4 months ago·Mumbai, India

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Reuters

Exclusive: SoftBank's Arm China lays off workers as outlook grim -sources

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 two sources familiar with the situation.

4 months ago·United Kingdom

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Hindustan Times

SoftBank's Arm China sacks at least 90 workers: Report

The layoffs come as SoftBank tries to set up a public listing for Arm this year.

4 months ago·New Delhi, India

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Channel News Asia

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

4 months ago·Singapore

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Financial Post

SoftBank's Arm China lays off workers as outlook grim -sources

OAKLAND -- 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.

4 months ago·Canada

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OAN

Exclusive-SoftBank's Arm China lays off workers as outlook grim -sources

By Jane Lanhee Lee, Josh Horwitz and Stephen Nellis OAKLAND, Calif/SHANGHAI (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

4 months ago·San Diego, United States

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