Volocopter lays off its entire workforce as insolvency proceedings go ahead
Aerotime
MARCH 5, 2025
Advanced air mobility developer Volocopter has laid off its entire workforce as it enters insolvency proceedings, several German media outlets have reported. Volocopter filed an application for the opening of insolvency proceedings on December 26, 2024. A court in the German state of Baden-Wrttemberg, where the firm is based, has now confirmed the start of this legal process through which creditors will be able to present their claims.
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