GomSpace Announces Staff Cuts, Changes To Preserve Cash

Cubesat leader GomSpace is downsizing and reorganizing as it tries to stretch out its cash flow. The Danish company announced June 18 it will cut as many as 30 employees by the end of June, with reductions targeted at administrative and manufacturing overhead. Amidst these cutbacks, Lars Alminde...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.