Virgin Orbit ... will lay off most of its staff and freeze operations after it failed to raise enough money from investors. The layoffs will affect about 675 people, making up 85 percent of ...
Virgin Orbit — the rocket company founded by British billionaire Richard Branson — is laying off the vast majority ... amounting to around 85% of Virgin Orbit’s workforce.
Virgin Orbit, the new satellite venture from entrepreneur Richard Branson, announced it will lay off 85 percent of its staff in the coming weeks due to financial struggles. About 675 employees ...
In a filing with the US Securities and Exchange Commission, Virgin Orbit has said it’s laying off 675 employees, which works out to about 85% of the total workforce. The decision was made after ...
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 ...
A senior executive at Virgin Orbit has hit out at the leadership in a farewell email, telling staff at the bankrupt ... was founded in 2017 and is a spin-off from Sir Richard Branson's space ...
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 ...
The public sector-serving arm of satellite services company Virgin Orbit, VOX works with national security clients to deliver preparations for small satellite launches to low earth orbit.
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Online-dating company Bumble Inc. will lay off approximately 350 workers — about one-third of its workforce — as part of a restructuring plan. The company said late Tuesday that it aims to ...