Blue Origin lays off about 1,400 employees, or 10% of its workforce, to streamline operations.

Blue Origin, founded by Jeff Bezos, is cutting about 10% of its workforce, affecting around 1,400 employees. CEO Dave Limp cited the company's rapid growth and resulting bureaucracy as reasons for the layoffs, which will impact roles in engineering, R&D, and management. Despite the cuts, Blue Origin will continue to hire for key positions and aims to streamline operations to boost manufacturing and launch frequency.

5 weeks ago
94 Articles