Blue Origin, the space company founded by Jeff Bezos, has announced a 10% reduction in workforce, impacting approximately 1,000 employees out of a total of over 10,000. This decision comes as David Limp, the CEO of Blue Origin, explained in an email the need to streamline operations due to rapid company growth, which led to increased hierarchical levels and a loss of focus on core objectives. Affected departments include engineering, project management, and research and development.
Despite this workforce reduction, Limp reassured that the company remains robust, with ample opportunities and missions in the future. Blue Origin continues to invest in and advance related technologies, while also preparing to onboard new employees in key areas essential to the company’s goals.
TLDR: Blue Origin, Jeff Bezos’ space company, has downsized its workforce by 10%, affecting around 1,000 employees, to streamline operations and refocus on core objectives amidst rapid growth. Despite this, the company remains strong and continues to invest in technology and future endeavors.
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