A report in London's Financial Times (opens in new tab) newspaper, suggests Arm – designer of the low power chips which are in every facet of our lives – has reduced its UK staff headcount by 20%. The move goes against recruitment promises made by Softbank to the UK government when the Chinese conglomerate purchased the tech firm in 2016. Arm, which makes its money selling licenses to make its chips to other companies such as Apple and Samsung, but doesn't produce any products itself, has seen increased interest in its processors. With the rise of low-powered boards like the Raspberry Pi (opens in new tab) and its many (opens in new tab) alternatives (opens in new tab) , the M series of Apple Silicon taking the computing world by storm (opens in new tab) , and higher-powered Qualcomm (opens in new tab) chipsets appearing in laptops (opens in new tab) and top-end smartphones. It seems worldwide employee layoffs of 18% have fallen more heavily on the UK staff than those in other countries. With numbers reduced across the rest of the world by 550, but 700 seeing an end to their employment in the UK. In the UK Arm… Read full this story
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