Virgin Orbit is furloughing nearly all its employees and pausing operations for a week as it looks for a funding lifeline.
Yahoo will lay off more than 20% of staff, or around 1,600 workers, with the company’s Yahoo for Business being slashed in half, the company said.
London-based crypto exchange Luno informed employees Wednesday of the redundancies at 12 p.m. GMT in a live-streamed town hall.
Jeff Zients will serve as President Joe Biden’s next chief of staff, according to a report from the Washington Post Sunday.
White House Chief of Staff Ron Klain is preparing to step down from the Biden administration in the coming weeks, The New York Times reported.
Justin Sun, a Huobi advisory board member, said the crypto exchange plans to reduce its global headcount by about 20%.
Micron said it would hit its reduction target through voluntary departures as well as layoffs.
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