Blue Origin has announced layoffs affecting 10% of its workforce, approximately 1,000 employees, following a period of underperformance despite the recent successful launch of its New Glenn rocket. CEO Dave Limp expressed that the company is not positioned for the success it aspires to achieve, acknowledging the painful reality of the situation. Limp, who assumed the role earlier in 2023, faced challenges of delays in the New Glenn program while competitors like SpaceX advanced their market position.
CEO Dave Limp stated that the company is not 'set up for the kind of success that we really wanted to have,' which he described as a 'painful conclusion.'
The layoffs affect around 1,000 employees as Blue Origin reduces its workforce by 10%, just a month after a successful rocket launch.
Collection
[
|
...
]