SoftBank-Backed OneWeb Files for Chapter 11 Bankruptcy Plan, Cuts Jobs

OneWeb, the satellite operator backed by Japan's SoftBank Group, 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.

OneWeb, the satellite operator backed by Japan's SoftBank Group, 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. from RSS Feeds : RSS Feed - NDTV Gadgets360.com https://ift.tt/2xBMcpL
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