(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. Shares of the company, which is controlled ...
Virgin Orbit — the rocket company founded by British billionaire Richard Branson — is laying off the vast majority ... amounting to around 85% of Virgin Orbit’s workforce.
or about 85% of its workforce, “in order to reduce expenses in light of the company’s inability to secure meaningful funding.” A spokesperson for Virgin Orbit said the remaining 15% of ...
In a filing with the US Securities and Exchange Commission, Virgin Orbit has said it’s laying off 675 employees, which works out to about 85% of the total workforce. The decision was made after ...
Virgin Orbit will cease operations and sell its assets to four winning bidders, the company announced late Tuesday ...
The Long Beach, California-based company laid off roughly 85% of its 750 employees. Virgin Orbit listed assets of about $243 million and total debt at $153.5 million as of Sept. 30. (Reporting By ...
A senior executive at Virgin Orbit has hit out at the leadership in a farewell email, telling staff at the bankrupt ... was founded in 2017 and is a spin-off from Sir Richard Branson's space ...
(MENAFN- IANS) San Francisco, March 31 (IANS) Virgin Orbit, the rocket company founded by British billionaire Richard Branson, has laid off nearly 85 per cent of its workforce -- about 675 ...
The Long Beach, California-based company laid off roughly 85% of its 750 employees. Virgin Orbit listed assets of about $243 million and total debt at $153.5 million as of Sept. 30. (Reporting By ...
A senior executive at Virgin Orbit has hit out at the leadership in a farewell email, telling staff at the bankrupt ... was founded in 2017 and is a spin-off from Sir Richard Branson's space ...
The Long Beach, California-based company laid off roughly 85% of its 750 employees. Virgin Orbit listed assets of about $243 million and total debt at $153.5 million as of Sept. 30. Reporting By ...
A senior executive at Virgin Orbit has hit out at the leadership in a farewell email, telling staff at the bankrupt ... was founded in 2017 and is a spin-off from Sir Richard Branson's space ...
