British billionaire Sir Richard Branson’s rocket company Virgin Orbit says it will lay off 85% of staff after failing to secure new investment. The firm will also cease operations for the foreseeable future, according to media reports. It comes weeks…
Amazon to lay off 9,000 more workers
Amazon is cutting 9,000 more jobs, CEO Andy Jassy announced Monday in a memo to staff. The latest cuts come after the company announced earlier this year that it was eliminating some 18,000 positions as part of a major cost-cutting…
