Breaking News | SSL shedding workforce amid slowdown in commercial comsat orders

June 22, 2017 View this email in your browser Slowdown in satellite orders triggers layoffs at Space Systems Loral WASHINGTON — Citing a long-term drought in satellite orders, Space Systems Loral has laid off a number of employees at its California satellite manufacturing facility, the company confirmed June 22. In a statement to SpaceNews, SSL President John Celli said an "extended slowdown" in orders for geostationary orbit communications satellites led the company to this round of layoffs. "We have seen an extended slowdown in orders for GEO satellites across the industry," he said. "With fewer satellites coming into the factory we have to make reductions to remain competitive."  See Full Story Sponsored by Delivering the Future: Honeywell's core strength is our leadership in the industry, from the dawn of the space age. Our value is our ability to successfully propel your missions into the emerging markets of today, and beyond. Copyright © 2017 SpaceNews Inc., All rights reserved. Our mailing address is: SpaceNews Inc. 1414 Prince St, Suite 204 Alexandria, VA 22314