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What is EPF Savings Concerns Amid Withdrawals about?

- SoftBank CEO Masayoshi Son pledged sweeping cost cuts after the company reported a $23.4 billion loss for the quarter due to a decline in tech stock prices. - Son said SoftBank will cut costs "ruthlessly" and reduce headcount significantly. - The loss was due to a drop in the valuation of SoftBank

Author

Richard Oon

Language

EN