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United Launch Alliance to lay off up to 875 by end of 2017: CEO | Reuters

April 15, 2016

COLORADO SPRINGS, Colo. (Reuters) – United Launch Alliance plans to cut up to 875 jobs, or about one-quarter of its workforce, before the end of 2017 to better compete against rivals bankrolled by billionaire entrepreneurs including Elon Musk and Jeff Bezos, ULA’s chief executive said on Thursday…

Sourced through Scoop.it from: ca.reuters.com

ULA plans to drastically change their cost structure in order to compete with NewSpace operators such as SpaceX.

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