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5d
Virgin Orbit to cease operations, sell assets of Richard Branson's satellite launcher
Virgin Orbit will cease operations and sell its assets to four winning bidders, the company announced late Tuesday ...
Reuters17d
Virgin Orbit plans to move back deadline for bidders - source
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 ...
The Business Journals20d
Virgin Orbit fielding more than 30 potential bids to buy company
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 ...
NBC News1d
Paramount brands to lay off 25% of U.S. staff as MTV News shuts down
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 ...
Becker's Hospital Review20d
Novavax to lay off 25% of workforce
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 ...
TechCrunch17d
Autonomous delivery startup Nuro to lay off 30% of workforce
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 ...
CNBC26d
Unity Software to lay off 600 employees, or 8% of its workforce
In January, Google revealed plans to lay off more than 12,000 workers, Microsoft disclosed plans to cut 10,000 employees and Salesforce announced plans to lay off 7,000 workers.
Becker's Hospital Review27d
Health tech company Cue Health to lay off 30% of staff
Cue Health, a health tech company that offers at-home diagnostics and telehealth, plans to lay off 30 percent of its workforce, or 326 employees, according to a securities filing. "As you are well ...
Radio-Canada25d
Shopify to lay off 20% of staff
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 ...
InfoWorld17d
Developer-focused portal Stack Overflow lays off 10% of staff
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 ...
Wall Street Journal25d
Shopify to Lay Off 20% of Its Workforce as It Sells Logistics Business to Flexport
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 ...
U.S. News & World Report17d
Virgin Orbit Plans to Move Back Deadline for Bidders - Source
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 ...

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