ARM job-cutting moves on to tools group
(05/05/2008 9:50 AM EDT)
LONDON — Having embarked on a restructuring of its physical intellectual property division (PIPD), processor licensor ARM Holdings plc (Cambridge, England) is now moving on to restructure its development systems business, according to Warren East, CEO and president.
Speaking during a teleconference for financial analysts to discuss the company's first quarter, East said that the development systems business would be restructured starting in the second quarter of 2008 and with a number of jobs to be axed by the end of the third quarter.
The company announced plans for a restructuring of its PIPD division in 2007 and moved Simon Segars, a member of the ARM board of directors and long-time engineering manager, into the position of general manager of the physical IP division. "In January some 30 positions in our U.S. operation were removed, laying the foundation here for increased efficiency. Activities at our five physical design centers has been reorganized to give us specific focus at each one," East told the analysts.
E-mail This Article | Printer-Friendly Page |
|
Arm Ltd Hot IP
Related News
- The Memec Group Companies Offer ARM RealView Development Tools
- Arm, ASE, BMW Group, Bosch, Cadence, Siemens, SiliconAuto, Synopsys, Tenstorrent and Valeo commit to join imec's Automotive Chiplet Program
- Edge Impulse Deploys its State-of-the-Art Edge AI Models to Arm Microcontrollers Tools
- Green Hills Software adds support for production-ready RTOS and tools to Imagination Technologies' RISC-V CPUs
- Linaro to Acquire Arm Forge Software Tools Business
Breaking News
- Micon Global and Silvaco Announce New Partnership
- Arm loses out in Qualcomm court case, wants a re-trial
- Jury is out in the Arm vs Qualcomm trial
- Ceva Seeks To Exploit Synergies in Portfolio with Nano NPU
- Synopsys Responds to U.K. Competition and Markets Authority's Phase 1 Announcement Regarding Ansys Acquisition