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, a space start-up founded by UK ... Eventually it was forced to lay off 85 per cent of its staff - around 675 people - in March. The company limped on with a small team, looking ...
In January the company said it would lay off about 600 employees, or 6% of staff. In June it announced plans to trim an additional 200 jobs, or 2% of its workforce. Those cuts also brought changes ...
Cloud communications provider 8x8 on Wednesday announced a workforce reduction that will impact about seven percent of its staff globally ... with those being laid off have already begun and ...
Tesla confirmed its laying off more than 10% of its global workforce ... TESLA STOCK SLIDES ON BIG DELIVERIES SHORTFALL The lay-offs come after Electrek reported that Tesla had told managers ...
Virgin Orbit plans to launch its rockets from a plane. This new approach means no need for a launch site or the need to burn masses of fuel to get the rockets off the ground. The rockets will be ...
Electric carmaker Tesla plans to lay off more than 10 percent of its global workforce, according to a memo sent to employees by CEO Elon Musk. Musk told staff in an email on Monday that the cuts ...
(Reuters) - Tesla will lay off more than 10% of its workforce, tech publication Electrek reported on Monday, citing an internal memo. Tesla told managers to identify critical team members ...
Tesla will cut more than 10% of its workforce globally as the company grapples with dimming growth prospects amid an overall slowdown in the growth of electric-vehicle sales. Top executive Drew ...
A 25-year Berkshire veteran, Vice Chairman Abel, 61, is expected by investors and analysts to uphold the $865 billion conglomerate's track record of investing in companies for the long haul and ...
Tesla said on Monday that it would lay off more than 10% of its global workforce, a major reduction that comes as the automaker looks to compete with lower-priced offerings from competitors around ...