[drexlspivey]

They overhired because it was part of the deal to sell to softbank

> As part of SoftBank’s deal to acquire Arm for £24bn in 2016, the UK Takeover Panel stipulated that it would have to double its UK headcount over a five-year period, which stood at 1,600 at the time. The requirement to do so expired last year.

[ksec]

Really wish this was the top comment, It would save at least 90% of the comments in this thread.