Arm to lay off up to 960 staff following collapse of Nvidia deal

Originally published on by James Batchelor

Chip maker said most redundancies will be made across its UK and US operations

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Arm has revealed it expects to lay off up to 15% of its global workforce after plans to sell to Nvidia fell through.

The $40 billion deal was cancelled last month after the two companies struggled to get approval from regulators in key markets, including the UK, US, European Union and China.

The BBC now reports up to more than one in ten employees could be let go under new proposals. Arm currently employs around 6,400 people worldwide, putting up to 960 jobs at

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