The chip designer is making major cuts to its workforce a month after its takeover by Nvidia fell apart. Credit: Arm British chip designer Arm is cutting up to 15% of its workforce, just a month after a $40 billion takeover from chipmaker Nvidia collapsed. Arm CEO Rene Haas, who only took the role in February this year, told staff on Monday that between 12% to 15% of staff will be made redundant as a result of the cuts, according to an internal memo seen by the Daily Telegraph. Arm employs 6,400 people worldwide, meaning between 768 and 960 jobs could be cut, primarily to UK- and US-based employees. The cuts won’t impact employees in engineering roles. The UK-founded company designs the microchips found in billions of electronic devices, including Apple and Samsung smartphones. It was bought by the Japanese conglomerate SoftBank in 2016 for £23.4 billion. The firm is now planning to go public after its takeover by Nvidia collapsed amidst ongoing regulatory pressure, including from the UK’s Competition and Markets Authority, and the US Federal Trade Commission. “Like any business, Arm is continually reviewing its business plan to ensure the company has the right balance between opportunities and cost discipline. Unfortunately, this process includes proposed redundancies across Arm’s global workforce,” an Arm spokesperson said. Related content how-to A new Windows 11 backup and recovery paradigm? If used properly, new features built into Windows 11 offer safe, nearly complete backup, restore, repair, and recovery operations without third-party tools — but there are some caveats worth knowing. By Ed Tittel Apr 29, 2024 17 mins Windows 11 Backup and Recovery Windows feature Q&A: Georgia Tech dean details why the school needed a new AI supercomputer Georgia Tech partnered with Nvidia to roll out its first supercomputer so students can experiment with AI and machine learning to better prepare for a job market where those skills are now critical to success. By Lucas Mearian Apr 29, 2024 12 mins CPUs and Processors Education Industry Generative AI feature Windows 11 Insider Previews: What’s in the latest build? Get the latest info on new preview builds of Windows 11 as they roll out to Windows Insiders. Now updated for Build 22635.3566 for the Beta Channel, released on April 26, 2024. By Preston Gralla Apr 26, 2024 251 mins Small and Medium Business Microsoft Windows 11 news Dropbox adds end-to-end encryption for team folders Dropbox this week unveiled a range of features, including security updates and key management, and the ability to co-edit Microsoft 365 documents from within the file-sharing app. By Matthew Finnegan Apr 26, 2024 3 mins Cloud Storage Collaboration Software Productivity Software Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe