Arm to lay-off up to 1,000 workers as it preps for IPO
By Peter Clarke, eeNews Europe (March 15, 2022)
Processor licensor Arm Ltd. is set to lay off 12 to 15 percent of its staff – about 1,000 employees – as it prepares for an initial public offering of stock.
The CEO, Rene Hass, has sent an email to staff discussing the cuts, which has been seen and reported by the UK’s Daily Telegraph. Haas was appointed to replace Simon Segars when SoftBank Group’s proposed $66 billion sale of Arm to Nvidia Corp. collapsed.
To read the full article, click here
Related Semiconductor IP
- Band-Gap Voltage Reference with dual 2µA Current Source - X-FAB XT018
- 250nA-88μA Current Reference - X-FAB XT018-0.18μm BCD-on-SOI CMOS
- UCIe D2D Adapter & PHY Integrated IP
- Low Dropout (LDO) Regulator
- 16-Bit xSPI PSRAM PHY
Related News
- LogicVision reports 13% sequential growth in Q4 revenues after IPO
- TransEDA accelerates IPO timetable
- IPO part of TransEDA's acquisition strategy
- MPU startup Transmeta files IPO
Latest News
- SEMI Reports Worldwide Silicon Wafer Shipments Increase 13% Year-on-Year in Q1 2026
- POLYN Technology Announces Tapeout of Automotive Chip
- QuickLogic Establishes New Banking Relationship and Secures $10 Million Revolving Credit Facility
- TES is extending its PMU IP portfolio for X-FAB’s XT018 - 0.18µm BCD-on-SOI technology.
- RF Front-End Modules & Components IP Trends – Q1 2026 Monitoring Release