In a message on the company’s website, he said: “From the start, we said that layoffs would be a last resort. Unfortunately, we have reached that point. It is with a heavy heart that I share that I have made the difficult decision to reduce our workforce.
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Job site Indeed confirms 2,200 layoffs, which will impact nearly 15 percent of its workforce.
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Virgin Orbit is in the final stages of securing funding of $200 million from Texas-based investor Matthew Brown.
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Apple employees fear potential reprisals as the company tightens its return-to-work policies.
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Broadcaster Twitch plans to shrink its workforce, which will affect 400 employees.
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