TOKYO -- SoftBank Vision Fund (SVF), a subsidiary of SoftBank Group, plans to lay off about 20% of its global workforce. SVF has confirmed that it has a downsizing plan.
Reductions come as SoftBank Group steps up investment in AI infrastructure

SoftBank Group Chairman and CEO Masayoshi Son speaks in Tokyo in February. (Photo by Yuki Kohara)
TOKYO -- SoftBank Vision Fund (SVF), a subsidiary of SoftBank Group, plans to lay off about 20% of its global workforce. SVF has confirmed that it has a downsizing plan.