Blue Origin, the space exploration company founded by Jeff Bezos, is laying off 10 percent of its workforce - approximately 1,400 employees - in an effort to streamline operations and reduce bureaucracy, CEO Dave Limp announced in an internal email.
The layoffs primarily impact program and project management, research and development, and engineering roles. The move aligns with Blue Origin’s annual operating plan, which aims to ramp up manufacturing and increase the frequency of rocket launches. The company is among several planning commercial moon missions for 2025.
Despite recent successes, including the January launch of its New Glenn orbital rocket and a return to space tourism in December 2024, Blue Origin remains behind competitor SpaceX, which has conducted more frequent launches. Reducing staff may help the company cut costs, a priority for Bezos, according to Ars Technica.
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Blue Origin launched six passengers into space aboard New Shepard, completing an 11-minute sub-orbital flight that crossed the Kármán Line.
Blue Origin successfully launched its New Glenn rocket early Thursday, marking a key milestone in the satellite launch industry. The rocket, featuring a reusable first stage, lifted off from Cape Canaveral, positioning Blue Origin as a competitor to SpaceX in commercial space exploration.
Blue Origin cancels launch due to rocket subsystem issues, with no new timeline set. Engineers are troubleshooting as the rocket is defueled for further assessment.
Blue Origin is set to launch its New Glenn rocket from Florida early Monday, marking a key step in its efforts to challenge SpaceX in the satellite launch market. The inaugural flight aims to test both the rocket’s performance and its booster landing capabilities.
The S&P 500 edged to a record closing high on Tuesday, marking its fifth consecutive day of gains, as strong advances in technology stocks offset a sharp selloff in healthcare shares and a mixed batch of corporate earnings.
Residents in Syria’s Kurdish-majority city of Qamishli have stepped up volunteer patrols amid growing pressure from the country’s Islamist-led government, expressing deep mistrust of Damascus despite a fragile U.S.-backed ceasefire.
Liverpool confirmed direct qualification to the UEFA Champions League round of 16 with a 6-0 win over Qarabağ at Anfield in their final league-phase match. Despite the setback, Qarabağ secured a play-off spot, with results elsewhere going in the Azerbaijani champions’ favour on the final matchday.
Iraq's former Prime Minister Nouri Al-Maliki said on Wednesday that he rejects U.S. interference in Iraq's internal affairs, after U.S. President Donald Trump threatened to cut off support to the country if Maliki was picked as prime minister.
Syrian President Ahmed al-Sharaa stressed to U.S. President Donald Trump in a phone call on Tuesday the importance of unifying international efforts to prevent the return of "terrorist groups", including Islamic State.
U.S. stock markets finished mixed on Wednesday (28 January) as investors reacted calmly after the Federal Reserve left interest rates unchanged, a decision that had been widely expected and largely priced in.
The S&P 500 edged to a record closing high on Tuesday, marking its fifth consecutive day of gains, as strong advances in technology stocks offset a sharp selloff in healthcare shares and a mixed batch of corporate earnings.
Chevron is in talks with Iraq’s oil ministry over potential changes to the commercial framework governing the West Qurna 2 oilfield, one of the world’s largest producing assets, after Baghdad nationalised the field earlier this month following U.S. sanctions imposed on Russia’s Lukoil.
Argentina's economic activity shrunk 0.3% in November compared with the same month last year, marking the first monthly contraction of 2025, data from Argentina's national statistics agency showed on Wednesday.
Wall Street closed sharply lower on Tuesday as global markets fell after U.S. President Donald Trump’s new tariff threats against Europe unsettled investors and revived fears of renewed volatility.
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