SoftBank Group Corp is slashing jobs at its global robotics business and has stopped producing its Pepper robot, according to sources and documents reviewed by Reuters, as the conglomerate downgrades its industry ambitions.28 Jun 2021 08:55PMTOKYO: SoftBank Group Corp is slashing jobs at its global robotics business and has stopped producing its Pepper robot, according to sources and documents reviewed by Reuters, as the conglomerate downgrades its industry ambitions.
As part of the retrenchment, SoftBank plans to eliminate about half of its 330 staff positions in France in September, according to four sources and documents, cutting into the historical heart of the business, whose origins lie in SoftBank's 2012 acquisition of French robotics firm Aldebaran. The job cuts in France were first reported by French business website Le Journal du Net. The broader restructuring is reported by Reuters for the first time.SoftBank Robotics launched the chest-high Pepper in 2014 and it became the face of the conglomerate, embodying Son's optimistic vision of a technology-powered future as he built his overseas investing operations.
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »