GomSpace is adjusting the organisation to reach cash flow objectives
GomSpace continues to reduce the costs and intents to reduce the staff with up to 30 employees before the end of this month. The change will have full effect from the fourth quarter of 2019.
The cost reductions will be aimed at reducing overhead costs in the administration and overhead costs in manufacturing.
The cost reductions also include replacements in the Executive Team:
· Lars Alminde, the leading founder of GomSpace, will return to the Executive Team as the Chief Commercial Officer.
· Peter Worsøe, previously Quality Manager in GomSpace, will join the Executive Team