Richard Branson's rocket-launch firm Virgin Orbit pauses operations, furloughs staff
British billionaire Richard Branson's rocket-launch firm Virgin Orbit has paused operations as the company searches for more funding. The Long Beach-based company announced the operational pause Wednesday and it goes into effect Thursday. As part of the move, the firm has furloughed most of its nearly 700 employees. Those employees will continue to have benefits during this time, according to ...
by Samantha Masunaga, Los Angeles Times
Mar 16, 2023
1 minute
British billionaire Richard Branson's rocket-launch firm Virgin Orbit has paused operations as the company searches for more funding.
The Long Beach-based company announced the operational pause Wednesday and it goes into
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