SoftBank Group—Laid off at least 30% of Vision Fund staff following record losses
In September 2022, SoftBank Group Corp began laying off employees at its loss-making Vision Fund, cutting at least 30% of staff. The layoffs came after the Vision Fund posted a record 3.5 trillion yen ($27.4 billion) loss for the fiscal year ending March 2022. The cuts reflected the consequences of Son's high-risk investment strategy failing, with workers bearing the cost of leadership's poor decisions.
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Worker Rights | -against | primary | -1.00 |
| Overall incident score = | -0.500 | ||
Score = avg(topic contributions) × significance (medium ×1) × confidence (0.50)