Jeff Bezos area agency Blue Origin to chop a tenth of jobs | EUROtoday

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 area agency, which mentioned it needed to trim managerial ranks and focus its assets on ramping up launches of its large New Glenn rocket.

The rocket accomplished its first profitable take a look at flight final month after lengthy delays, marking a significant milestone for the corporate.

Founded by Jeff Bezos in 2000, Blue Origin has been a key participant within the personal area race, however it’s seen as lagging behind rivals comparable to Elon Musk’s SpaceX.

In a memo to employees in regards to the cuts, chief govt Dave Limp mentioned that although the corporate had made important progress, it wasn’t structured for the type of success it hoped to realize.

Blue Origin didn’t reply to a request for remark instantly.

The firm 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 transferring away from analysis and pushing to scale up manufacturing and safe extra business and authorities contracts for the heavy-lift automobile, which is designed for orbital missions.