virgin orbit

virgin orbit

Image courtesy of Virgin Orbit

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Workers at satellite startup Virgin Orbit are reeling after learning they were furloughed, forced to stop work indefinitely since the company is fast running out of cash.

Virgin Orbit paused all operations March 16, furloughing all of its more than 750 employees. It’s reportedly scrambling to avoid a bankruptcy filing. The company was founded in 2017 by billionaire Richard Branson.

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