SoftBank lays off nearly 150 employees globally
Thu, Sep 29, 2022 4:25 PM

SoftBank lays off nearly 150 employees globally

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Sources claimed that Japan's SoftBank Group Corp is reducing approximately 150 staff globally at its Vision Fund unit and SoftBank Group International. There is also speculations that notices are being sent to staff on Thursday and will affect around 30% of employees across the two businesses. This came as CEO Masayoshi Son is working on reducing costs following huge losses on his tech bets.

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