Virgin Orbit, Richard Branson's satellite company, is laying off 85% of staff and reportedly ceasing operations 'for the foreseeable future'

Virgin Orbit, Richard Branson's satellite company, is laying off 85% of staff and reportedly ceasing operations 'for the foreseeable future'

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Sir Richard Branson, founder of Virgin Orbit. Mark Greenberg Richard Branson's satellite company, Virgin Orbit, is ceasing operations "for the foreseeable future," according to CNBC. The company is also laying off 85% of its workforce after failing to secure much-needed additional funding. Virgin…

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