Virgin Galactic Provides Business Update
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Virgin Galactic (SPCE) to cut 185 employees, or 18% of workforce
November 8, 2023 5:01 PM UTCVirgin Galactic Holdings (NYSE: SPCE) announced after the close Wednesday a workforce reduction of approximately 185 employees, constituting approximately 18% of the Companys workforce. The Company is taking this action to decrease its costs and strategically realign its resources. This reduction will result in approximately $25... More
