Nov. 7, 2023 6:41 pm ET
Virgin Galactic is cutting jobs and expenses as part of a strategic realignment to support production of its Delta Class spaceships.
The Orange County, Calif.-based space travel company said in a memo to employees on Tuesday that it was having a harder time accessing capital due to interest rates and geopolitical unrest, making the cost-cutting necessary.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
