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Old Posted Feb 24, 2022, 9:14 PM
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Virgin Hyperloop switches focus from passengers to cargo as it lays off half its staff

https://www.theverge.com/2022/2/22/2...off-half-staff

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- Virgin Hyperloop has laid off almost half its staff as the company switches its focus from transporting passengers to shifting freight. Cuts totaling 111 jobs were confirmed by Virgin Hyperloop to The Financial Times, which spoke to former employees at the company. They described the scale of the redundancies as “definitely not expected.” — The US-based Virgin Hyperloop is one of the leading firms developing the eponymous technology an updated version of a centuries-old idea to reduce the energy demands of trains by placing them in vacuum-sealed tubes where air resistance is minimal.

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