Virgin Hyperloop, the futuristic pod capable of traveling at speeds up to 670 mph, has proven itself to be too good to be true, once and for all. Virgin fired 111 of its employees last week, a number the Financial Times says comprised about half the company’s workforce.
Two former employees say the layoff announcement was made via video conference call. The sheer number of employees affected by the cuts took at least one of those employees by surprise.
