Friday, 24 March, 2023
Virgin Orbit Furloughs Staff as Launch Market Slows
<p>Virgin Orbit, the satellite launch company founded by billionaire Richard Branson, has reportedly furloughed a significant portion of its staff as the satellite launch market slows down. The company is said to have informed employees of the furloughs in a memo on Tuesday, citing “an unexpected lull in the launch market” as the reason for the decision. The furloughs come just a few weeks after Virgin Orbit successfully launched its third commercial satellite.</p>
Read full story at The Guardian
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