Richard Branson's Virgin Orbit is laying off about 675 employees, or 85% of its workforce ... it would pause operations and put most of its staff on furlough while it looked for additional ...
Virgin Orbit (VORB) didn't immediately respond to a request for comment. The company confirmed in a regulatory filing that it is laying off 85% of its workforce, or 675 employees ...
Virgin Orbit said in March they would cut 85% of their workforce after failing to secure new investment. It filed for Chapter 11 bankruptcy protection in the US in April. Founded in 2017 ...
Sir Richard Branson’s satellite launch firm Virgin Orbit is to cut 675 jobs – about 85% of its workforce ... it expects severance payments to staff and other costs related to the cuts ...
Last week, the group said it would cut 675 jobs – about 85% of its workforce – as it continued to search for a funding lifeline. Virgin Orbit, which is based in California and is 75%-owned by ...
Opinions expressed by Forbes Contributors are their own. I offer an insider’s view of the business of flight. Norwegian Air International Boeing 737 MAX 8 airplane with registration EI-FYI in ...
Boehringer Ingelheim is laying off staff in response to sluggish adoption ... Biosimilars arrived on the market with prices as low as 85% of Humira’s wholesale cost. Biosimilars beyond Humira ...
I'm sure Elon will be sure to follow a law that's going to cost him money at least as carefully has he did when he laid off much of Twitter ... doesn't want requires 85% of the remaining ...
Tesla will lay off more than 10% of its workforce, tech publication Electrek reported on Monday, citing an internal memo. The world’s largest auto-maker by market value had 140,473 employees ...
"We have offered a role in customer service to more than 85 percent of the representatives ... Bedding-textiles factory laying off almost 100 at its Triad plant ...
Elon Musk-owned electric vehicle maker Tesla is planning to lay off over 10% of its global workforce ... cut taxes on the import of EVs by almost 85%. The policy requires EV manufacturers to ...
“They have indicated that if we don’t come to some sort of agreement, they will be laying off 250 members and that doesn’t include other (non-teaching) staff,” said Demetrio Gonzalez-Hoy, president of ...