FACC To Cut 19% Of Staff After COVID-19 Hit, CEO Says

FACC
Credit: FACC
SALZBURG, Austria—Austrian aerospace parts and services provider FACC expects further challenges in the supplier business in the wake of COVID-19 as it revealed plans to lay off 700 of its 3,700 employees. As 80% of aircraft worldwide were grounded for months, deliveries of new aircraft were...

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