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2 years ago
Blue Origin Announces 10% Workforce Reduction Following New Glenn Launch
News Summary
Blue Origin, the aerospace manufacturer founded by Jeff Bezos, announced a significant workforce reduction, cutting 10% of its staff just one month after the inaugural launch of its New Glenn rocket. CEO Dave Limp communicated this decision during an all-hands meeting, highlighting the company’s need to restructure for future success. This move affects approximately 1,000 employees, as the company employs over 10,000 people. The layoffs come after years of development delays and a competitive market landscape dominated by SpaceX.
Story Coverage
techcrunch.comBlue Origin cuts 10% of staff one month after first successful New Glenn launch
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Read Full Article →torontosun.comJeff Bezos-backed Blue Origin to cut 10% of its workforce
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