Blue Origin, the rocket firm owned by Amazon founder Jeff Bezos, is reportedly shedding virtually 1,400 staff, about 10% of its workforce.
The job cuts sign a pivot for the house agency, which stated it wished to trim managerial ranks and focus its sources on ramping up launches of its large New Glenn rocket.
The rocket accomplished its first profitable check flight final month after lengthy delays, marking a significant milestone for the corporate.
Based by Jeff Bezos in 2000, Blue Origin has been a key participant within the non-public house race, however it’s seen as lagging behind rivals comparable to Elon Musk’s SpaceX.
In a memo to workers in regards to the cuts, chief govt Dave Limp stated that although the corporate had made vital progress, it wasn’t structured for the type of success it hoped to attain.
Blue Origin didn’t reply to a request for remark instantly.
The corporate has already seen a shake-up in management and exodus of senior executives on the firm.
Amazon veteran Dave Limp took over after former boss Bob Smith stepped down in late 2023.
With the launch of the New Glenn rocket, Blue Origin is shifting away from analysis and pushing to scale up manufacturing and safe extra industrial and authorities contracts for the heavy-lift car, which is designed for orbital missions.
