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 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 ...
Virgin Orbit ... plans to lay off almost its entire workforce as it struggles to secure funding. The California-based company will cut 675 jobs, or about 85% of its staff, in all areas in order ...
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 ...
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.
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 ...
Reuters The jumbo and its rocket leaves the Spaceport base near Newquay Dan Hart, chief executive at Virgin Orbit, told staff the firm ... from a horizontal take-off." In January's launch, a ...
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The first orbital space rocket launch from UK soil is due to take place on Monday evening. Virgin Orbit's plane - Cosmic Girl - has done previous launches in the United States. Monday's launch ...
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 ...