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 the affected ...
The British billionaire's rocket company is ceasing its operations. Its stock has fallen by more than 89% this year. It is a blow that will resonate throughout the British aerospace industry for a ...
Sir Richard Branson’s satellite launch firm Virgin Orbit is to cut 675 jobs – about 85% of its workforce – after failing to secure new funding. The entrepreneur has said he will inject ...
Richard Branson’s Virgin Orbit has announced they are selling their assets and will cease operations months after a mission failure in the UK. In a statement, the “responsive space launch ...
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 ...
Sir Richard Branson’s satellite launch company Virgin Orbit has filed for bankruptcy protection in the US after failing to secure rescue funding. It comes after a Virgin Orbit rocket failed to ...
Boehringer Ingelheim is laying off staff in response to sluggish adoption of its Humira biosimilar Cyltezo, a company spokesperson confirmed to BioPharma Dive. Stat first reported the news Thursday.
I'm not sure if the interpersonal delivery will be handled with kindness, but at least this will apply to those affected The Worker Adjustment and Retraining Notification Act (WARN) protects ...
Richard Branson's Virgin Orbit has announced it will be shutting down. It comes a few months after a space mission ended in disappointment, when a rocket carrying the first satellites launched ...
If you just got yourself a new device from iPhone deals or AirPods deals, your next purchase should be on protection for your smartphone or wireless earbuds. Nomad’s cases will not only prevent ...
(Reuters) - Amazon Web Services has eliminated several hundred sales, marketing and tech roles, it said on Wednesday, the latest in a series of job cuts by its parent Amazon.com. The impacted ...
An envelope. It indicates the ability to send an email. Samantha was a senior business reporter covering tech and trending news from Los Angeles. She wrote about AI, crypto, and money and power in ...