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ArianeGroup to cut 2,300 jobs

Submit on Tuesday, November 13th, 2018 22:57

ArianeGroup is to cut 2,300 jobs by 2022 as orders tumble and development of a new rocket nears its end, management said. The company said it faced tough competition from U.S. space companies whose business is “bolstered by a large volume of institutional orders.”

This entry was posted on Tuesday, November 13th, 2018 at 10:57 pm and is filed under BUSINESS. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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