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

Jeff Bezos’ space company Blue Origin LLC is cutting about 10% of its workforce, a significant pullback aimed at slashing costs and refocusing resources

Blue Origin, the SpaceX competitor founded and funded by Jeff Bezos, is cutting 10 percent of its employees or about 1,400 people, according to The Seattle Times and CNN. Staff were informed of the news by Blue Origin CEO Dave Limp,