Arm Holdings lays off 70 employees — December 18, 2023
Arm Holdings, a hardware company based in China, laid off 70 employees on December 18, 2023. At the time, the company was at the Post-IPO stage. The layoff was reported by this source.
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Recent layoffs in China
| Company | Laid off | Date | Industry | Country |
|---|---|---|---|---|
| IBM | 1,000 | August 26, 2024 | Hardware | China |
| Longi | — | March 18, 2024 | Energy | China |
| Bytedance | 1,000 | November 27, 2023 | Consumer | China |
| Moore Threads | — | November 6, 2023 | Hardware | China |
| NIO | — | November 3, 2023 | Transportation | China |
Recent Hardware layoffs
| Company | Laid off | Date | Industry | Country |
|---|---|---|---|---|
| Dell | 11,000 | March 16, 2026 | Hardware | United States |
| Huawei | 50 | February 15, 2026 | Hardware | Israel |
| ASML | 1,700 | January 28, 2026 | Hardware | Netherlands |
| Tenstorrent | 80 | December 9, 2025 | Hardware | Canada |
| HP | 4,000 | November 25, 2025 | Hardware | United States |
See all layoffs from December 2023 or the full startup layoffs tracker.