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 outlook this year, according to two sources familiar with the situation. The layoffs come as SoftBank tries to set up …
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