SoftBank Vision Fund Mulls 20% Job Cuts After Son’s Pivot to AI
NegativeTechnology

SoftBank's Vision Fund is reportedly contemplating a significant reduction in its workforce, potentially cutting up to 20% of its staff. This move highlights a strategic shift by CEO Masayoshi Son towards investing heavily in artificial intelligence. The implications of such job cuts are concerning, as they reflect broader challenges within the tech investment landscape and the need for companies to adapt to rapidly changing market demands.
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