Blue Origin, the space exploration company owned by Jeff Bezos, is laying off approximately 1,400 employees, representing 10% of its workforce. The company aims to streamline operations and focus resources on developing and launching its New Glenn rocket, which recently completed its first successful test flight.
The space-exploration company is looking to streamline operations as it hopes to land a crew-less vehicle on the moon this year.
The job cuts signal a pivot for the space firm, which said it wanted to trim managerial ranks and focus its resources on ramping up launches of its giant New Glenn rocket.
SPACE EXPLORATION LAYOFFS BLUE ORIGIN NEW GLENN ROCKET PRIVATE SPACE RACE
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