Virgin Orbit To Layoff Over 80% Of Workforce

Owen W.
2 min readApr 1
Photo by Francois Olwage on Unsplash

Virgin Orbit, founded by Richard Branson, has recently announced it was going to lay off over 80% of its workforce. This means around 650 workers will be let go. This comes as the company can no longer sustain operations due to lack of funding.

This past Thursday the company, based in Long Beach, said it will spend over $8 million in employee benefit costs, as well as severance…

Owen W.

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