Reports claim that Arm has now laid off 40% of its workforce in the UK

Financial TimesAccording to the report, Arm has so far laid off about 40% of its workforce in the UK after the NVIDIA acquisition failed.

Reports claim that Arm has now laid off 40% of its workforce in the UK

When it was acquired by Softbank in 2016, Softbank promised to more than double Arm’s UK workforce of 1,770, up from more than 3,500 in the UK last year and around 6,950 globally. There are only 2,800 people left in the UK, about 700 people have been cut, and the number of employees in the global region has decreased by only 550 people. Obviously, more of the layoffs fall in the UK.

Arm at NVIDIAannounced the termination of the acquisitionAfter that, Simon Segars, the CEO of Arm who originally promoted the acquisition, abdicated and was taken over by Rene Haas, president of the intellectual property product group. change.

However, at the same time as the large-scale layoffs, Arm actually announced as many as 373 vacancies in the UK, hoping to recruit more engineering and technical personnel to facilitate the design and development of new processors.

Softbank currently plans to bring Arm back to the public offering, but has not yet determined whether it will be listed in the UK, or if it chooses to list in the US.On the other hand, Masayoshi Son, founder of Softbank, does not seem to rule out continuing to look for someone who can acquire Arm. He recently traveled to South Korea and visited Samsung executives, which made the market speculate whetherPossibly acquired by Samsung。

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