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 ...
WatersTechnology has learned that the company is undergoing a staff restructuring that, once complete, will bring its total staff from about 100 people down to around 80 across its London and Delhi ...
In January the company said it would lay off about 600 employees, or 6% of staff. In June it announced plans to trim an additional 200 jobs, or 2% of its workforce. Those cuts also brought changes ...
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 ...
Cloud communications provider 8x8 on Wednesday announced a workforce reduction that will impact about seven percent of its staff globally ... with those being laid off have already begun and ...
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 ...
Amazon Web Services (AWS) has confirmed to multiple outlets that it plans to lay off hundreds of staff in an effort to "streamline." In an internal e-mail obtained by GeekWire, AWS senior vice ...
The Florida-based firm, however, disputes a report that it has cut 90 jobs, or 25 percent of its workforce Another cybersecurity company is laying off workers ... to reduce our staff in response ...
(Reuters) -Tencent Holdings' Riot Games plans to lay off 530 employees, or about 11% of its staff globally, the online gaming company said on Monday in a blog that included a letter to employees ...
McKinsey is planning to lay off hundreds of staff as the consulting giant grapples with weaker demand for its services. The management consultancy company is preparing to make 360 redundancies ...
Cancer immunotherapy developer NextCure is laying off 37% of its staff and streamlining its research plans, the company said Thursday. Alongside its 2023 earnings, the biotech revealed that it is ...