'You deserved better' | Virgin Orbit exec slams bankrupt firm's leaders in farewell to staff

One of Virgin Orbit’s outgoing executives has hit out at the firm’s leadership, saying employees “deserved better” after the company declared bankruptcy...

In a farewell email to employees, Chief Operating Officer Tony Gingiss apologised to workers while criticising the firm’s senior figures for apparently not addressing the workforce at the critical moment.

The satellite launch company, founded by billionaire Richard Branson, went bust after struggling to secure long-term funding following a failed launch in January.

It also announced the lay off of roughly 85% of its 750 employees. Among those departing the business was COO Tony Gingiss who, in his goodbye message - acquired by CNBC -  told employees they “deserved better than this!"