(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 will cease operations and sell its assets to four winning bidders, the company announced late Tuesday ...
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 ...
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 ...
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. The Most ...
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 ...
(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 ...
