Published 2 years ago

SoftBank to cut at least 20% of Vision Fund staff -BBG

Summary by Ground News

SoftBank Group Corp. is planning to cut at least 20% of staff at its loss-churning Vision Fund operation. The cuts will mostly be at its U.K., U.S. and China operations, which have the largest headcount. The Vision Fund unit had about 500 employees, including Latin America funds staff.

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Reuters

SoftBank to cut at least 20% of Vision Fund staff -BBG

TOKYO - SoftBank Group Corp plans to cut at least 20% of staff at its Vision Fund investment arm, Bloomberg reported on Friday, after CEO Masayoshi Son pledged to reduce costs on a record $50 billion loss at the unit in the six months to June 30. The conglomerate will cut at least 100 positions and could announce the reductions as early as this month, Bloomberg reported, citing unnamed

2 years ago·United Kingdom

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Channel News Asia

SoftBank to cut at least 20% of Vision Fund staff -BBG

TOKYO : SoftBank Group Corp plans to cut at least 20 per cent of staff at its Vision Fund investment arm, Bloomberg reported on Friday, after CEO Masayoshi Son pledged to reduce costs on a record $50 billion loss at the unit in the six months to June 30.The conglomerate will cut at least 100 positions and

2 years ago·Singapore

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OAN

SoftBank to cut at least 20% of Vision Fund staff – BBG

TOKYO (Reuters) -SoftBank Group Corp plans to cut at least 20% of staff at its Vision Fund investment arm, Bloomberg reported on Friday, after Chief...

2 years ago·San Diego, United States

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The Japan Times

SoftBank could be planning Vision Fund staff cuts of at least 20%

Executives are still debating how extensive the cuts should be, with some calling for cuts as high as 50%, according to one source.

2 years ago·Japan

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Business Standard

SoftBank Group Corp to drop at least 20% staff at Vision Fund operation

The cuts will mostly be in the UK, US and China operations, which have the most headcount, said the people

2 years ago·India

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Moneycontrol

SoftBank plans Vision Fund staff cuts of at least 20%

The Tokyo-based company will slash a minimum of 100 positions and may announce the job cuts as early as this month, said the people, asking not to be named as the information is not public.

2 years ago·India

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