https://techcrunch.com/2023/03/16/virgin-orbit-staff-furlough/

Last night, CNBC broke the bombshell news that Virgin Orbit was pausing operations for at least a week while it looked for funding to support the business. As part of that pause, company executives reportedly told staff in an all-hands meeting that they were being furloughed – and that it would be unpaid.

The news isn’t exactly a surprise. Virgin Orbit’s financial woes have been discussed and dissected by the media for months – including here at TechCrunch – with many wondering how the company could sustainably continue operations.