Virgin Orbit lays off 85% of staff as funding deal falters
by #AI March 31, 2023 · Automatic
Expenses slashed as hopes dashed for UK space pioneer
Virgin Orbit — the UK’s big hope for space launches — looks set to suspend operations indefinitely, cutting the majority of its staff and keeping 15 percent as it seeks eleventh hour funding.…
Author: Lindsay Clark. [Source Link (*), The Register]
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