Arm committed to hire 490 UK staff by September next year

Arm is legally obliged to hire 490 UK-based staff in the next 12 months to meet the commitment undertaken by its owner Softbank when it bought the company in July 2016.

Arm committed to hire 490 UK staff by September next year

Softbank committed to doubling the UK headcount by September 2021.

When Softbank bought Arm it had 1,747 UK staff when Softbank bought it.

Last week, takeover panel filings  last week showed that it had increased UK staff numbers by 262 in the last 12 months to 3,004.

To meet its 2016 targets, it must have 3,494 UK staff by next September, an increase of 490.

Softbank’s recent sale of Arm to Nvidia is unlikely to be completed by September 2021.


Leave a Reply

Your email address will not be published. Required fields are marked *

*