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ggreg84 | 4 years ago
This is the simplest and most effective way to make Arm books look good, which is what regulators all around the world - including the UK - have decided is what's best for the world.
So this is not idiotic, this is effective, and is finance 101.
For Arm's long term success this is a very stupid decision. But that's not what any of the parties involved need or care about. What they care about is $$$ right now.
I won't be buying and holding Arm stock, particularly not as a long term investment, cause it looks like its going to be a poor one.
robert_foss|4 years ago
If indeed ARM needed to cut down on people, having a hiring freeze is the way to go.