LightSquared to Release 45% of Its Staff
Hold it....
Sprint has to pay LS $65 million.
45% of LS work force is ~150 people
That works out to about $43k per person from the Sprint payback.
Is Falcone putting that $65 mil in his back pocket?
Is there doubt that Sprint will make the payment?
This is like watching a slow motion car wreck.
45% of LS work force is ~150 people
That works out to about $43k per person from the Sprint payback.
Is Falcone putting that $65 mil in his back pocket?
Is there doubt that Sprint will make the payment?
This is like watching a slow motion car wreck.
My bad... $433,000 per person that they are laying off.
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