Exclusive-SoftBank’s Arm China Lays Off Workers As Outlook Grim -Sources0

• Uncategorized
• February 11, 2023

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