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.
Investments in the likes of Uber and WeWork have plunged in value
SoftBank chief Masayoshi Son has invested in a variety of startups through the Vision Fund. © Reuters
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.