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RigNet cuts 12% of workforce to enter new markets

Connectivity BusinessbyConnectivity Business
July 18, 2016
in Uncategorized
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RigNet is cutting 12% of its workforce as part of a restructuring aimed at helping the US-based oil & gas communication services provider enter new vertical markets. Falling oil prices last year prompted the company to shift resources away from its US land rig communications business to grow internationally. RigNet (NASDAQ:RNET) is cutting 12% of its workforce as […]

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