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SoftBank-Backed OneWeb Files for Chapter 11 Bankruptcy Plan, Cuts Jobs

SoftBank-Backed OneWeb Files for Chapter 11 Bankruptcy Plan, Cuts Jobs
OneWeb, the satellite operator backed by Japan's SoftBank Group, said it has filed for Chapter 11 bankruptcy to pursue a sale of its business and and has cut its workforce amid the coronavirus outbreak.

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March 30, 2020 at 10:52AM
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