SoftBank's $100bn Vision Fund to shed 15% of staff

Investments in the likes of Uber and WeWork have plunged in value

20200609N softbank vision fund sinks

SoftBank chief Masayoshi Son has invested in a variety of startups through the Vision Fund. © Reuters

MINORU SATAKE, Nikkei staff writer

LONDON -- SoftBank Group's $100 billion Vision Fund is shedding 15% of its staff following the investment vehicle's aggressive bets on startups that wiped $16.7 billion off its value, Nikkei has learned.

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