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SpaceX plans to lay off 10 percent of workforce

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https://spaceflightnow.com/2019/01/11/sp...workforce/

EXCERPT: SpaceX, the upstart rocket company that has shaken up the launch industry with low-cost reusable boosters and ambitious long-range plans to carry people to Mars and beyond, plans to reduce its workforce by about 10 percent, company sources said late Friday. The revelation came just hours after the California rocket builder successfully launched 10 Iridium communications satellites into orbit atop a Falcon 9 rocket from Vandenberg Air Force Base, Calif., in the first of 18 or so SpaceX flights planned this year.

“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,” the company said in a statement released late Friday. “Either of these developments, even when attempted separately, have bankrupted other organizations. "This means we must part ways with some talented and hardworking members of our team. We are grateful for everything they have accomplished and their commitment to SpaceX’s mission. This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be necessary.”

A company official said SpaceX remains “financially strong” and looking forward to a busy year in space, including the first flights of Crew Dragon ferry ships NASA will use to carry astronauts to and from the International Space Station....

MORE: https://spaceflightnow.com/2019/01/11/sp...workforce/
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