Cron class not found

My cronjob is defined as follows:

<?xml version="1.0" ?>
<config xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:noNamespaceSchemaLocation="urn:magento:module:Magento_Cron:etc/crontab.xsd">
    <group id="default">
        <job instance="VendorModuleModelStatus" method="update" name="vendor_module_status_update">
            <schedule>0 */2 * * *</schedule>
        </job>
    </group>
</config>

Class VendorModuleModelStatus exists and manual test below works fine:

<?php

declare(strict_types=1);

use MagentoFrameworkAppBootstrap;
use MagentoFrameworkAppHttp as Http;
use MagentoFrameworkAppInterface as AppInterface;

require '/path/to/app/bootstrap.php';

$bootstrap = Bootstrap::create(BP, $_SERVER);

class TestApp extends Http implements AppInterface
{
    public function launch()
    {
        $update = $this->_objectManager->get(VendorModuleModelStatus::class);
        $update->update();

        echo get_class($update);

        return $this->_response;
    }

    public function catchException(Bootstrap $bootstrap, Exception $exception): bool
    {
        return false;
    }
}

/** @var Http $app */
$app = $bootstrap->createApplication('TestApp');
$bootstrap->run($app);

However for some reason execution via cronjob throws:

Class VendorModuleModelStatus does not exist

Any idea what could be a reason?