UK chipmaker Arm to cut up to 1,000 jobs after $40bn sale collapses

UK chipmaker Arm to cut up to 1,000 jobs after $40bn sale collapses

2 years ago
Anonymous $jukOC22bR_

https://www.theguardian.com/business/2022/mar/15/uk-chipmaker-arm-cut-jobs-sale-uk-us-nvidia

Company says most of redundancies will be in UK and US after Nvidia takeover falls through

Arm is planning to cut up to 15% of its workforce, the UK computer chipmaker has said, just over a month after the collapse of its $40bn (£30bn) sale to its US rival Nvidia.