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SoftBank-Backed Pizza Startup Cuts Half of Staff, Stops Making Pizza

Zume is the latest SoftBank investment forced to retrench. 

A Papa John's International Inc. Location Ahead Of Earnings Figures
Photographer: Luke Sharrett/Bloomberg

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Zume Pizza Inc. said it was cutting about half of its staff and shuttering its pizza business, making the former robotic pizza maker the latest in a long line of SoftBank Group Corp.-backed companies forced to slash spending.