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KM Financial Solutions | UPDATE 1-SoftBank-backed OneWeb files for Chapter 11 bankruptcy plan, cuts jobs
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UPDATE 1-SoftBank-backed OneWeb files for Chapter 11 bankruptcy plan, cuts jobs

27 Mar UPDATE 1-SoftBank-backed OneWeb files for Chapter 11 bankruptcy plan, cuts jobs

Posted at 02:33h in News by
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OneWeb, the satellite operator backed
by Japan’s SoftBank Group Corp, said it has filed for
Chapter 11 bankruptcy to pursue a sale of its business and and
has cut its workforce amid the coronavirus outbreak.

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