Arm has revealed it expects to lay off up to 15% of its global workforce after plans to sell to Nvidia fell through.
The BBC now reports up to more than one in ten employees could be let go under new proposals. Arm currently employs around 6,400 people worldwide, putting up to 960 jobs at risk.
"Like any business, Arm is continually reviewing its business plan to ensure the company has the right balance between opportunities and cost discipline," the company said in a statement.
"Unfortunately, this process includes proposed redundancies across Arm's global workforce."
The company has said most redundancies are likely to be made in the UK and US.
Arm parent Softbank previously said it plans to float the chip maker's shares by April 2023 after the deal fell apart. The BBC now reports the company will be listed on the US-based NASDAQ stock exchange.