NVIDIA not ready to guarantee employment for British Arm staff after takeover

Californian chipmaker NVIDIA is currently in talks with the UK government over its takeover commitments to Arm, including keeping its headquarters in Cambridge.

Getty Images

NVIDIA has pledged to maintain Arm’s development in the UK and to increase its investment in expanding it in the country. However, the company has yet to provide any commitment to maintain Arm’s headcount in the UK.

In an interview with the Daily Telegraph, NVIDIA CEO Jensen Huang said the firm is wary of being bound by any commitments on the matter. “The professionals we would like to bring to the UK and invest in the UK are not easy to find. This is not to say that they are a dime a dozen, – he said. – I will hire as many Einsteins as there will be “.

Another NVIDIA representative said that the company passed “Constructive negotiations” with the government. “We share the government’s interest in making Arm prosperous in the UK, – he said. – We plan to hire as many world-class researchers and computer specialists as possible directly in the UK. “

Arm has 3004 employees in the UK, according to documentation released last October. Their number should increase to 3494 by September. The fact is that the current owner of Softbank has made a legally binding commitment to double Arm’s headcount within five years after its takeover in 2016. He is now committed to achieving that target, which is due to expire in September this year.

If you notice an error, select it with the mouse and press CTRL + ENTER.

Related Posts

Property Management in Dubai: Effective Rental Strategies and Choosing a Management Company

“Property Management in Dubai: Effective Rental Strategies and Choosing a Management Company” In Dubai, one of the most dynamically developing regions in the world, the real estate…

In Poland, an 18-year-old Ukrainian ran away from the police and died in an accident, – media

The guy crashed into a roadside pole at high speed. In Poland, an 18-year-old Ukrainian ran away from the police and died in an accident / illustrative…

NATO saw no signs that the Russian Federation was planning an attack on one of the Alliance countries

Bauer recalled that according to Article 3 of the NATO treaty, every country must be able to defend itself. Rob Bauer commented on concerns that Russia is…

The Russian Federation has modernized the Kh-101 missile, doubling its warhead, analysts

The installation of an additional warhead in addition to the conventional high-explosive fragmentation one occurred due to a reduction in the size of the fuel tank. The…

Four people killed by storm in European holiday destinations

The deaths come amid warnings of high winds and rain thanks to Storm Nelson. Rescuers discovered bodies in two separate incidents / photo ua.depositphotos.com Four people, including…

Egg baba: a centuries-old recipe of 24 yolks for Catholic Easter

They like to put it in the Easter basket in Poland. However, many countries have their own variations of “bab”. The woman’s original recipe is associated with…

Leave a Reply

Your email address will not be published. Required fields are marked *