Virgin Orbit to Lay off Majority of Workers and Cease Operations, Citing Funding Woes

Virgin Orbit to Lay off Majority of Workers and Cease Operations, Citing Funding Woes

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Virgin Orbit, the rocket company founded by billionaire Richard Branson, is laying off the majority of its workers, citing an inability to secure future funding. The layoffs will affect around 85% of Virgin Orbit's workforce, with approximately 675 employees set to lose their jobs, according to a…

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