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 ...
Long Beach, California-based Virgin Orbit last month filed a Chapter 11 bankruptcy plan that included selling its assets. The company also said it was laying off 661 workers at its facilities in ...
In a memo to staff, Showtime/MTV Entertainment Studios ... These cuts come four months after Showtime laid off 120 employees while merging into MTV Entertainment Studios as part of the overall ...
which lifted off from Spaceport Cornwall in England this past January. Virgin Orbit "negotiated with Stratolaunch extensively" over multiple rounds across weeks to nail down the terms of the ...
Novavax will lay off about 25 percent of its workforce and consolidate its facilities as part of a global restructuring to reduce costs, the drugmaker said May 9. At the end of 2022, the COVID-19 ...
Autonomous delivery robot startup Nuro will lay off 30%, or about 340 employees ... explained in a blog post that the company would cut staff and shift resources away from commercial operations ...
Stack Overflow, a question-and-answer portal for developers, will lay off 10% of its workforce ... 665 tech companies have laid off about 192,722 staff so far this year, compared to 164,591 ...
it would lay off 10 per cent of its staff (new window), as sales growth on its e-commerce platform was slowing. ANALYSISTech layoffs mount — but skilled workers are still hard to find (new ...
Flexport is buying Shopify’s logistics-fulfillment operations, including U.S. e-commerce platform Deliverr, setting up the freight company to add home-delivery services that would compete with ...
Autonomous delivery robot startup Nuro will lay off 30%, or about 340 employees ... Dave Ferguson and Jiajun Zhu explained in a blog post that the company would cut staff and shift resources away from ...
It's the second major round of layoffs at the company in under a year, as the company announced last summer that after expanding aggressively during the pandemic, it would lay off 10 per cent of its ...
