Virgin Orbit, Richard Branson’s rocket company, will lay off 85% of staff
WebMar 30, 2023 · About 675 employees will be terminated by April 3, according to a public document filed Thursday, amounting to around 85% of Virgin Orbit’s workforce. The move was made to “reduce...
Virgin Orbit to lay off about 85% of staff | Reuters
WebMarch 30 (Reuters) - Rocket maker Virgin Orbit Holdings (VORB.O) on Thursday said it was laying off about 85% of staff because it had not been able to raise new investment. Shares...
Virgin Orbit: Sir Richard Branson's rocket company cuts 85% of
WebMar 30, 2023 · British billionaire Sir Richard Branson's rocket company Virgin Orbit says it will cut 85% of its workforce after failing to secure new investment. The firm will also cease operations for...
Long Beach's Virgin Orbit lays off 675 people, 85% of its workforce
WebMar 31, 2023 · Richard Branson’s Virgin Orbit is laying off about 675 employees, or 85% of its workforce, as the air-launched rocket company failed to find funding to sustain its operations. Most of...
Virgin Orbit layoffs hit 85% of workforce as it fails to secure funding
WebMar 31, 2023 · USA TODAY. 0:00. 1:10. Virgin Orbit, the satellite launch company founded by British billionaire Richard Branson, plans to lay off almost its entire workforce as it struggles to secure...
Virgin Orbit to lay off 85 percent of staff, freeze operations
WebMar 31, 2023 · The layoffs will affect about 675 people, making up 85 percent of the staff, according to a corporate disclosure made public Thursday after markets closed for the day. Just 100 will remain...
Richard Branson Satellite Company Virgin Orbit Laying Off 85% of Staff
WebMar 30, 2023 · Mark Greenberg. Richard Branson's satellite company, Virgin Orbit, is ceasing operations "for the foreseeable future," according to CNBC. The company is also laying off 85% of its...
Virgin Orbit lays off most employees - SpaceNews
WebMar 30, 2023 · In a Securities and Exchange Commission filing, Virgin Orbit announced it was laying off approximately 675 employees, or 85% of its workforce. The company said the layoff was...
Virgin Orbit to lay off about 85% of staff - Yahoo Finance
WebMar 30, 2023 · VORB. By Joey Roulette. (Reuters) -Rocket maker Virgin Orbit Holdings on Thursday said it was laying off about 85% of staff because it had not been able to raise new investment....
Virgin Orbit to lay off about 85% of staff - Yahoo Finance
WebReuters. March 30, 2023 at 5:18 PM. March 30 (Reuters) - Rocket maker Virgin Orbit Holdings on Thursday said it was laying off about 85% of staff. Richard Branson's Virgin Group has a controlling ...
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