Blue Origin lays off 10% of its employees
Posted: Sun, Feb 16, 2025, 10:41 AM ET (1541 GMT)
Blue Origin is laying off 10% of its workforce, or more than 1,000 employees, to restructure the company and reduce bureaucracy. Dave Limp, Blue Origin's CEO, told employees Thursday that the company is making the layoffs because recent growth resulted in "more bureaucracy and less focus than we needed." The cuts would include staff in engineering, R&D and management. A day earlier, Limp said at the Commercial Space Conference that since taking over as CEO in late 2023, he had seen progress in making the company more decisive, but suggested then there was more to do to improve operations and manufacturing.
Blue Origin is laying off 10% of its workforce, or more than 1,000 employees, to restructure the company and reduce bureaucracy. Dave Limp, Blue Origin's CEO, told employees Thursday that the company is making the layoffs because recent growth resulted in "more bureaucracy and less focus than we needed." The cuts would include staff in engineering, R&D and management. A day earlier, Limp said at the Commercial Space Conference that since taking over as CEO in late 2023, he had seen progress in making the company more decisive, but suggested then there was more to do to improve operations and manufacturing.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
Report outlines cost growth in canceled NASA exploration programs
Posted: Sat, Jun 27 11:14 AM ET (1514 GMT) Perseverance Mars rover finds more potential biosignatures
Posted: Sat, Jun 27 11:12 AM ET (1512 GMT) |
|
news links
|
|
Tuesday, June 30
Starlink’s Architects Launch Eclipse to Open the Megaconstellation Era to New Players
Business Wire — 6:31 am ET (1031 GMT) Rocket Lab buys Iridium in $8 billion deal to take on SpaceX
Reuters — 6:25 am ET (1025 GMT) Rocket Lab CEO vows commitment to aero as firm buys Iridium
Runway Girl Network — 6:21 am ET (1021 GMT) Rocket Lab expands space biz with $8 billion deal
Axios — 6:21 am ET (1021 GMT) Rocket Lab to acquire satellite firm Iridium
Radio New Zealand — 6:21 am ET (1021 GMT) |
