Virgin Orbit lays off 85% of its workforce to reduce expenses March 30, 2023 by admin Tweet Virgin Orbit is laying off 85% of its workforce after it was unable to secure funding. This means 675 people will lose their jobs. The redundancies will likely be completed by April 3. Read more… Neowin Related Posts:Virgin Orbit files for bankruptcy days after laying…TWIRL 99: Virgin Orbit to perform air launch of…TWIRL 47: Roscosmos chief says Baikonur is secure…PayPal is laying off 2,000 employees to reduce expensesTrimming the fat: Xerox plans to reduce workforce by 15%