Arm to Lay off 12%-15% of Global Staff After Nvidia Deal Fails

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Image Source: Visual ChinaBEIJING, March 15 (TMTPOST) — Multinational chip-making company Arm has confirmed that it is planning to lay off 12%-15% of its staff globally.“Like any business, Arm is continually reviewing its business plan to ensure the company has the right balance between opportunities and cost discipline,” the company said in a statement. “Unfortunately, this process includes p