SpaceX to lay off about 10 percent of its workforce: source




  • In Business
  • 2019-01-12 00:49:29Z
  • By By Kanishka Singh

By Kanishka Singh

(Reuters) - Elon Musk's SpaceX will lay off about 10 percent of its more than 6,000 employees, a source familiar with the matter said on Friday.

The company did not comment on the number of layoffs but said in emailed comments that it needs to become a "leaner" organization for which it would "part ways" with some of its workforce.

"To continue delivering for our customers and to succeed in developing interplanetary spacecraft and a global space-based Internet, SpaceX must become a leaner company", a SpaceX spokesman said.

The layoffs were reported earlier by the LA Times.



(Reporting by Kanishka Singh and Supriya Roy in Bengaluru, Editing by Rosalba O'Brien)

COMMENTS

More Related News

SpaceX launches 60 more Starlink satellites and achieves a reusability record for a Falcon 9 booster
SpaceX launches 60 more Starlink satellites and achieves a reusability record for a Falcon 9 booster

SpaceX launched its second Falcon 9 rocket in the span of just four days on Wednesday at 9:25 PM EDT (6:25 PM PDT). This one was carrying 60 more satellites for its Starlink constellation, which will bring the total currently in operation on orbit to 480. The launch took off from Florida, where SpaceX launched astronauts for the first time ever on Saturday for the final demonstration mission of its Crew Dragon to fulfill the requirements of NASA's Commercial Crew human-rating process.

Watch SpaceX launch its latest batch of Starlink satellites, including one with a sun visor
Watch SpaceX launch its latest batch of Starlink satellites, including one with a sun visor

SpaceX just launched its most important and historic launch ever this past weekend, flying NASA astronauts for the first time - on Wednesday, it's set to follow that up with a less significant Falcon 9 rocket launch, but one that's still vital to the company's future. This mission is the latest of SpaceX's Starlink launches, which the company is using to put up a vast network of small satellites to provide low-cost, high-bandwidth internet access to customers globally. SpaceX's Starlink mission today has a launch window of 9:25 PM EDT (6:25 PM PDT) and includes a payload of 60 more satellites for the constellation, which already has 420 operating in low Earth orbit.

Electric truck maker Nikola looks like Tesla 2.0 - except even riskier
Electric truck maker Nikola looks like Tesla 2.0 - except even riskier

The billionaire founders of Nikola and Tesla have a lot in common

17 incredible photos from SpaceX
17 incredible photos from SpaceX's historic mission to send NASA astronauts to the space station

SpaceX sent two NASA astronauts to the International Space Station on Saturday - the first crewed commercial spaceflight ever.

Max Q: SpaceX launches astronauts to orbit
Max Q: SpaceX launches astronauts to orbit

This was a HUGE week in space: SpaceX flew its first-ever human spaceflight mission, with NASA astronauts Doug Hurley and Bob Behnken hopping a ride on a Crew Dragon to the International Space Station. CAPE CANAVERAL, FLORIDA - MAY 30: The SpaceX Falcon 9 rocket with the manned Crew Dragon spacecraft attached takes off from launch pad 39A at the Kennedy Space Center on May 30, 2020 in Cape Canaveral, Florida.

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Business