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 ...
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 ...
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 ...
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 ...
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 ...
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.
Tesla will lay off more than 10% of its workforce, tech publication Electrek reported on Monday, citing an internal memo. The world’s largest auto-maker by market value had 140,473 employees ...
Elon Musk-owned electric vehicle maker Tesla is planning to lay off over 10% of its global workforce, citing duplication of roles as the reason behind the job cuts. If the decision applies ...
If you're a fan of action-packed FPS games, you don't want to miss out on Steam FPS Fest, going on now through April 22. This huge sale includes a lot of great discounts on FPS hits, so I went on ...
Charter Communications is shutting down a call center operation at its Morrisville site in a move that will impact 67 employees, according to what the cable and internet provider told the state.