Virgin Orbit is laying off the majority of its workers, around 85 percent, citing the company's failure to secure future funding. Billionaire Richard Branson's rocket company will see approximately ...

Virgin Orbit, the new satellite venture from entrepreneur Richard Branson, announced it will lay off 85 percent of its staff in the coming weeks due to financial struggles. About 675 employees will ...

In a filing with the US Securities and Exchange Commission, Virgin Orbit has said it’s laying off 675 employees, which works out to about 85% of the total workforce. The decision was made after the ...