Jeff Bezos’s Blue Origin rocket company plans to lay off 10 percent of its workforce as it seeks to revamp its operations to better compete with Elon Musk’s SpaceX.

Blue Origin is reportedly planning on letting go of approximately 10% of its workforce—about 1,000 employees—nearly a month after the inaugural liftoff of New Glenn. The company is hoping to focus on growth over the next few years, increasing the production and launch cadence of its new giant rocket.

Rocket company Blue Origin is will lay off 10% of its workforce, CEO Dave Limp told employees Thursday. The company — which is based in Kent, Washington, and has a Phoenix office that opened in 2023 — employs 14,000 people, according to media reports, so the cuts will affect about 1,400 workers across its offices and facilities.

Blue Origin, the rocket company owned by Amazon founder Jeff Bezos, is laying off about 1,400 employees, or about 10% of its workforce, according to an internal email obtained by BBC News.

Jeff Bezos’s aerospace company Blue Origin plans to cut about 10 percent of its workforce, its CEO told staff Thursday, according to an email obtained by The Hill. The company is

Jeff Bezos's rocket company Blue Origin is laying off around 10 percent of its workforce following a period of rapid expansion, the firm's chief executive told staff on Thursday.

The CEO of Jeff Bezos' Blue Origin announced in an all-hands call on Thursday company-wide layoffs of "about 10 percent" of its employees, a sweeping readjustment as it aims to cut costs and ramp up rocket launches.

Blue Origin to lay off 10% of workforce