Internal memo: Arm to cut up to 1,000 jobs, or 15% of its workforce in the UK and US, before its IPO; source says most of the cuts won't affect engineers (Ian King/Bloomberg)

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Ian King / Bloomberg:

Inside memo: Arm to chop as much as 1,000 jobs, or 15% of its workforce within the UK and US, earlier than its IPO; supply says many of the cuts will not have an effect on engineers  —  Arm Ltd., the SoftBank Group Corp. unit making ready for an preliminary public providing, will lower as a lot as 15% of its workforce …





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