The cuts come as the company battles with delays, increased costs and competition from the likes of SpaceX.
Related Posts
Kroger-Albertsons Merger Blocked by Court
The ruling hands a victory to Biden antitrust enforcers, who said the $20 billion supermarket merger would erode competition and raise prices for consumers.
Julius Baer Profits Fall, Miss Consensus Forecasts
Julius Baer reported lower profits for the first half of 2024 as a rise in client assets and activity was offset by higher interest expenses.
Financial Services Roundup: Market Talk
Find insight on Hong Kong Exchanges & Clearing, St. James’s Place, Man Group and more in the latest Market Talks covering Financial Services.