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 KMFSLLP
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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