Sources: X-Epic, a Chinese EDA software maker for designing chips that had raised $121.7M as of March 2023, is laying off up to 50% staff amid market headwinds (Che Pan/South China Morning Post)

Che Pan / South China Morning Post:
Sources: X-Epic, a Chinese EDA software maker for designing chips that had raised $121.7M as of March 2023, is laying off up to 50% staff amid market headwinds  —  - X-Epic had a workforce of about 400 working in offices in Nanjing, Beijing, Shanghai, Chengdu and Shenzhen, as of March 2023, according to PitchBook data.