Sources: SoftBank plans a new round of Vision Fund layoffs, impacting up to 30% of the staff at the unit; Vision Fund had 349 staff at the end of March 2023
Scoop: SoftBank's Vision Fund is planning more layoffs, as the embattled Japanese investment giant embraces more cost-cutting amid a slump in startup valuation. Masa is trying to rejoin the AI investment wave while banking on Arm IPO. w/ @SamNusseyRTRS https://www.reuters.com/...