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 ...
Virgin Orbit (VORB) didn't immediately respond to a request for comment. The company confirmed in a regulatory filing that it is laying off 85% of its workforce, or 675 employees ...
Sir Richard Branson and his company, Virgin Group, are household names in the UK. He’s long held the title of Britain’s most famous entrepreneur and owns more than 400 businesses in everything ...
Virgin Orbit has conducted its first orbital launch attempt. The maiden flight of the air-launched LauncherOne rocket occurred on Monday, May 25, with the Cosmic Girl carrier aircraft taking off ...
Last week, the group said it would cut 675 jobs – about 85% of its workforce – as it continued to search for a funding lifeline. Virgin Orbit, which is based in California and is 75%-owned by ...
The public sector-serving arm of satellite services company Virgin Orbit, VOX works with national security clients to deliver preparations for small satellite launches to low earth orbit.
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 ...
The first orbital space rocket launch from UK soil is due to take place on Monday evening. Virgin Orbit's plane - Cosmic Girl - has done previous launches in the United States. Monday's launch ...
This plan means that the company will lay off 10% of its workforce ... the startup has lost many of its staff among its research team and other key members. Mid-March, Forbes reported that ...
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 ...