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.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
An extratropical cyclone has caused widespread disruption across Brazil’s São Paulo state, with powerful winds toppling trees and power lines, blocking streets and leaving large parts of the region without electricity.
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75% following its two-day policy meeting, according to an official statement issued on Wednesday, 10 December.
China has carried out a major test of a new “super wireless” rail convoy, a technology that could reshape the future of heavy-haul transport.
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
U.S. industrial production rose by 0.1% in September, rebounding after a decline in August, while capacity utilisation remained unchanged, according to Federal Reserve data on Wednesday.
Google’s YouTube has announced a “disappointing update” for millions of Australian users and creators, confirming it will comply with the country’s world-first ban on social media access for under-16s by locking affected users out of their accounts within days.
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