Actual Information: SoftBank planning job cuts at Vision Fund after record net loss: CEO #shorts

Actual Information: SoftBank planning job cuts at Vision Fund after record net loss: CEO #shorts #news

SoftBank CEO Masayoshi Son said the firm is planning to cut headcount at its Vision Fund investing arm after the conglomerate reported a record quarterly net loss. Vision Fund reported a $23.1 billion loss in the April-June quarter. It had approved just $600 million in new investments in the first quarter against $20.6 billion in the same quarter last year.

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#softbank #ceo #masayoshison #headcount #visionfund #netloss #april-junequarter #newinvestments #worldnews #nbcnewsnow

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