Virgin Orbit has announced that it will cut a total of 675 jobs — a staggering 85 percent of its workforce — in a Securities and Exchange Commission filing today. Earlier this year, Richard ...
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 ...
A senior executive at Virgin Orbit has hit out at the leadership in a farewell email, telling staff at the bankrupt rocket firm they "deserved better". Chief operating officer Tony Gingiss issued ...
Richard Branson's Virgin Orbit has filed for Chapter 11 bankruptcy in the US. The satellite-launching firm had hoped to be a competitor to SpaceX, but failed to secure more funding following a ...
(Reuters) - Satellite launch company Virgin Orbit is planning to move back the deadline for prospective bidders to buy its assets by a handful of days, according to two sources familiar with the ...
A wave of layoffs that hit dozens of US companies toward the end of 2022 shows no sign of slowing down well into 2023. Streaming platform Roku announced Wednesday that it's reducing its staff by 10% ...
NEW YORK, Aug 30 (Reuters) - Two-thirds of Latin American startups have laid off staff over the last 18 months, as venture capital funding fell sharply in the region, according to "Latin America ...
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A senior executive at Virgin Orbit has hit out at the leadership in a farewell email, telling staff at the bankrupt rocket firm they "deserved better". Chief operating officer Tony Gingiss issued ...
A senior executive at Virgin Orbit has hit out at the leadership in a farewell email, telling staff at the bankrupt rocket firm they "deserved better". Chief operating officer Tony Gingiss issued ...
A senior executive at Virgin Orbit has hit out at the leadership in a farewell email, telling staff at the bankrupt rocket firm they "deserved better". Chief operating officer Tony Gingiss issued ...