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SpaceX laying off 10 percent of its workforce

12 Jan 2019, 01:22 UTC
SpaceX laying off 10 percent of its workforce
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SEATTLE — SpaceX is laying off about 10 percent of its workforce, a cost-cutting move the company says is required to focus on development of its next-generation launch system and a broadband satellite constellation.
In a statement late Jan. 11, the company confirmed that SpaceX is laying off a portion of its workforce in the first large-scale reduction of its workforce since the company was founded in 2002.
“To continue delivering for our customers and to succeed in developing interplanetary spacecraft and a global space-based Internet, SpaceX must become a leaner company,” the company stated, referring to its ongoing work on its Starship and Super Heavy launch vehicles and Starlink constellation. “Either of these developments, even when attempted separately, have bankrupted other organizations.”
“This means we must part ways with some talented and hardworking members of our team,” the statement continued. “We are grateful for everything they have accomplished and their commitment to SpaceX’s mission. This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be necessary.”
The statement did not disclose the size of the layoffs, but a company source, speaking on background, estimated the cuts at 10 percent of the workforce. That ...

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