Blue Origin, the rocket company founded by Jeff Bezos, has announced a 10% reduction in its workforce. This decision comes on the heels of the successful debut of the New Glenn rocket, which achieved orbit on its first launch attempt. CEO Dave Limp informed employees of the layoffs, citing the company's rapid growth in recent years as a factor leading to increased bureaucracy and decreased focus.
The layoffs are intended to streamline manufacturing processes and accelerate the launch rate of Blue Origin's rockets. The company, headquartered in Kent, Washington, conducts launches from both Florida and Texas for its New Glenn and New Shepard rockets, respectively.
