Despite losses Arm stands by commitment to double UK headcount
November 11, 2019
Arm CEO Simon Segars says the company will meet the commitment to double its UK headcount made when Softbank bought Arm in July 2016.
The commitment still stands despite Arm becoming loss-making.
In Q3 Arm made an operating loss of $11.3 million while Softbank made a loss of $6.4 billion.
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