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  • SpaceX plans to lay off 10 per cent of its workforce

    SpaceX plans to lay off 10 per cent of its workforce0

    SpaceX earns most of its revenue by launching satellite as well as two NASA contracts. Image via Pixabay Elon Musk’s rocket company SpaceX is planning to cut about 10 per cent of its workforce.  The cuts were cited in an email to staff by the company’s president, Gwynne Shotwell, and revealed in a report in the Los

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  • Foxconn scales back Wisconsin facility plans

    Foxconn scales back Wisconsin facility plans0

    Foxconn’s much-vaunted plan to build a manufacturing facility in Wisconsin is on the ropes, with the company looking to use the campus purely for research and development instead. Hon Hai Precision Industry Co., better known as Foxconn, began negotiating for a new US manufacturing facility for its display panels in 2014 but didn’t announce its

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