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https://archive.ph/SA0pH https://archive.ph/SA0pH "When Japanese conglomerate SoftBank bought the company in 2016, it made a commitment to double the chip desi
by gvb 4y ago
https://archive.ph/SA0pH https://archive.ph/SA0pH
"When Japanese conglomerate SoftBank bought the company in 2016, it made a commitment to double the chip designer’s 1,770 British workforce over the following five years. It succeeded, according to figures released by Arm, and by September of last year British staff peaked at above 3,500, with a total of 6,950 globally."
"Since then, the company has cut 18 per cent of its global workforce, with the UK taking a larger hit proportionally. The reduction was driven in part by management refocusing the business and exacerbated by an exodus of staff unsettled by uncertainty about the company’s future, according to former employees who spoke to the Financial Times."