T he world’s largest tech fund has axed 150 jobs in a bid to cut costs as it deals with the fallout from the plummeting value of its investments.
The SoftBank Vision fund, run by Japanese billionaire Masayoshi Son, is set to send notices out to employees in the UK, US and China, affecting around 30% of the workforce, according to the Reuters news agency.…
This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.