EchoStar's satellite subsidiary, Hughes Network Systems, is laying off 330 employees. These job cuts will occur across three facilities in Montgomery County. The company cited financial challenges and debt repayment as reasons for the layoffs. This action follows reports of EchoStar preparing to file for bankruptcy to address significant debt. The layoffs are scheduled to take effect on September 22nd.
https://www.thebanner.com/economy/montgomery-county-echostar-layoffs-66A4NMSGP5EA5DMDPB3N7HN5YE/