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Serious Debates & News Debate and discussion about political, moral, philosophical, celebrity and news topics. |
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31-03-2023, 05:23 PM | #1 | |||
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Senior Member
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[Around 675 employees will be laid off across
"all areas" of Sir Richard Branson's Virgin Orbit after funding talks collapsed last week, prompting the British billionaire to inject millions into the company.] [Following news of the layoffs, shares in the company plummeted by 38% in after-hours trading in New York. The staffing cuts will impact around 675 employees across "all areas of the company", Virgin Orbit said in a regulatory filing, adding that other total costs are expected to reach just over $15m (£12.1m).] https://news.sky.com/story/virgin-or...uture-12846289 Last edited by arista; 04-04-2023 at 11:32 AM. |
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31-03-2023, 05:25 PM | #2 | |||
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self-oscillating
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they couldnt get the investment after the failed flight a few months ago
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31-03-2023, 05:29 PM | #3 | |||
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You know my methods
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do you remember Orbit chewing gum?
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04-04-2023, 11:29 AM | #4 | |||
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Senior Member
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[Billionaire Richard Branson's rocket firm Virgin Orbit
files for bankruptcy after failing to secure investment It comes after the satellite launch company failed to secure long-term funding The California-based company lodged the filing in the U.S Bankruptcy court for the District of Delaware] Crazy Flying a 747 to launch a rocket. https://www.dailymail.co.uk/news/art...ankruptcy.html |
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04-04-2023, 11:40 AM | #5 | |||
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🌈😈🌈👊🏾🌈👻🌈🫦🌈🔥🌈
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my favourite chewing gum, sad.
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04-04-2023, 11:57 AM | #6 | |||
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self-oscillating
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they couldn't get a satellite into orbit, so they should be prosecuted for trades description violations
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