Big Changes Ahead at Spacehab

Spacehab Unveils Initiative to Streamline Company, Reduce Costs

"Spacehab today announced plans to restructure corporate functions and reduce staff to streamline operations, improve efficiency, and lower overhead costs. The Company anticipates the 15-20% reduction in workforce, approximately 36 positions out of 220, to result in savings of $3.9 million annually. The reductions eliminate redundant capabilities as SPACEHAB's support of NASA's space shuttle program moves toward completion of the Company's last contracted mission."

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This page contains a single entry by Keith Cowing published on January 18, 2007 1:03 PM.

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