Arm loses 40% of UK staff gained in SoftBank years

https://archive.ph/SA0pH

"When Japanese conglomerate SoftBank bought the company in 2016, it made a commitment to double the chip designer’s 1,770 British workforce over the following five years. It succeeded, according to figures released by Arm, and by September of last year British staff peaked at above 3,500, with a total of 6,950 globally."

"Since then, the company has cut 18 per cent of its global workforce, with the UK taking a larger hit proportionally. The reduction was driven in part by management refocusing the business and exacerbated by an exodus of staff unsettled by uncertainty about the company’s future, according to former employees who spoke to the Financial Times."

I don’t think you could Make a more career limiting move than joining a defunct silicon company operated by a whacky Japanese hedge fund rather than a VC backed startup focused on software.

How transferable are the skills you would get at this company? Not very.

How likely are you to have any liquidity event in the next five years? Very low.

Build your career elsewhere.

The writing is on the wall.