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

Business

FILE PHOTO: The top of a replica Crew Dragon spacecraft is show at SpaceX headquarters in Hawthorne, California, U.S. August 13, 2018. REUTERS/Mike Blake

(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

Products You May Like

Articles You May Like

Prince Philip warned by police over seat belt, two days after crash
Lakers G Rondo cleared for full-contact practice
Leganés – Real Madrid: La Copa del Rey, en directo
Muere a los 113 años en Japón el hombre más viejo del mundo
Cardi B será la protagonista del anuncio más importante de la Super Bowl

Leave a Reply

Your email address will not be published.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