Richard Branson-Owned Company Virgin Orbit Plans to Lay Off Nearly All of Its Workforce

Aircraft engineering company Virgin Orbit which is owned by British entrepreneur and business magnate Richard Branson has recently revealed plans to lay off nearly all of its workforce making about 85 percent. In a US regulatory filing, Virgin Orbit disclosed that it made the decision in order to reduce expenses in light of the company’s … Continue reading Richard Branson-Owned Company Virgin Orbit Plans to Lay Off Nearly All of Its Workforce