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<\/div>Fire Booster<\/h2>
Spacetech venture SpaceX said Friday that it plans to lay off 10 percent of its workforce — an eyebrow-raising move for a company emerging from a record-shattering year<\/a>.<\/p> “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 company spokesperson said in a statement<\/a> that called the layoffs a “strategic realignment.”<\/p> Space News <\/em>reports that<\/a> the layoffs are the first major workforce reduction since the company was founded in 2002, though it did fire a number of workers in 2014. This time, SpaceX is blaming the layoffs on an ambitious slate of projects.<\/p> “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 reference to its Starship, Super Heavy, and Starlink constellation projects. “Either of these developments, even when attempted separately, have bankrupted other organizations.”<\/p> The move comes just a day after CEO Elon Musk showed off<\/a> the company’s recently-assembled Starship space vehicle, and a month before<\/a> the company plans to test its commercial crew launch vehicle in preparation for launching humans to the International Space Station.<\/p> But so far, the enigmatic CEO has yet to tweet about the layoffs.<\/p> READ MORE: <\/strong>SpaceX cutting 10 percent of its staff to become a leaner company<\/a> [Ars Technica<\/em>]<\/p> More on Elon Musk: <\/strong>Elon Musk Wanders Tesla Factory, Firing Workers in Wild Mood Swings<\/a><\/em><\/p> The post Surprise Announcement: SpaceX to Lay off 10 Percent of Workforce<\/a> appeared first on Futurism<\/a>.<\/p> See the original post here: Fire Booster Spacetech venture SpaceX said Friday that it plans to lay off 10 percent of its workforce\u00a0\u2014 an eyebrow-raising move for a company emerging from a record-shattering year . \u201cTo continue delivering for our customers and to succeed in developing interplanetary spacecraft and a global space-based Internet, SpaceX must become a leaner company,\u201d a company spokesperson said in a statement \u00a0that called the layoffs a \u201cstrategic realignment.\u201d Inflection Point Space News\u00a0 reports that \u00a0the layoffs are the first major workforce reduction since the company was founded in 2002, though it did fire a number of workers in 2014. This time, SpaceX is blaming the layoffs on an ambitious slate of projects Continue reading Inflection Point<\/h2>
Brighter Tomorrow<\/h2>
Surprise Announcement: SpaceX to Lay off 10 Percent of Workforce<\/a><\/p>","protected":false},"excerpt":{"rendered":"