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

Blue Origin, formed by Amazon founder Jeff Bezos, had successfully launched its New Glenn rocket last month after years of delays.

In an email to employees, the company’s chief executive said the company had become bloated during its growth in recent years.

Jeff Bezos' Blue Origin is laying off about 1,000 employees, according to media reports. That's about 10% of the aerospace company's workforce.

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,