Mitsubishi Aircraft reportedly cuts 95% of staff
Beleaguered Mitsubishi Aircraft, whose flagship SpaceJet programme is effectively frozen amid cost cutting, is reported to have slashed 95% of its employees. Japanese broadcaster NHK, citing sources, says the job cuts will begin next April, presumably at the start of the new financial year, leaving behind a skeletal workforce of just 150 employees. In late October, parent company Mitsubishi Heavy Industries (MHI) announced that it would further cut the budget of - and put a “temporary pause” on - the SpaceJet programme, as it mulls a “possible programme restart”. While it will pause activities relating to the development of the baseline, 90-seat M90 SpaceJet variant, MHI says it will still carry on with type certification documentation work. It is unclear if the reported job cuts will have any impact on documentation efforts.<br/>
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Mitsubishi Aircraft reportedly cuts 95% of staff
Beleaguered Mitsubishi Aircraft, whose flagship SpaceJet programme is effectively frozen amid cost cutting, is reported to have slashed 95% of its employees. Japanese broadcaster NHK, citing sources, says the job cuts will begin next April, presumably at the start of the new financial year, leaving behind a skeletal workforce of just 150 employees. In late October, parent company Mitsubishi Heavy Industries (MHI) announced that it would further cut the budget of - and put a “temporary pause” on - the SpaceJet programme, as it mulls a “possible programme restart”. While it will pause activities relating to the development of the baseline, 90-seat M90 SpaceJet variant, MHI says it will still carry on with type certification documentation work. It is unclear if the reported job cuts will have any impact on documentation efforts.<br/>
