Another little bit of not so good news to increase the pile for LightSquared -- the organization introduced now that it'll be reducing its employment amounts by 45 percent. The price cutting move comes a next day of word got out it had past due on the hefty $56.25 million payment. Based on reviews, the Virginia-based company, which presently utilizes some 330 people, looks like it's not considering personal bankruptcy, regardless of its mounting troubles.
LightSquared to chop staff by 45 percent as troubles grow initially made an appearance on Engadget on Tue, 21 February 2012 17:42:00 EDT. Please visit our terms to be used of feeds.
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