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.
Roman Abramovich, the Russian billionaire and former Chelsea Football Club owner, has assembled a “top tier” legal team, including a former White House advisor, as he prepares for a legal battle in Jersey.
Venezuelan President Nicolás Maduro on Sunday praised the country’s armed forces as “invincible warriors” during a year-end ceremony honouring the Bolivarian National Armed Forces, held in the coastal city of La Guaira.
Iran successfully launched three satellites on Sunday using a Russian Soyuz rocket from Russia’s Far East, marking the latest stage in growing Iran-Russia space cooperation.
Türkiye on Sunday denied reports that a Turkish Airlines passenger flight diverted from Libya due to fears of retaliation following a Libyan military delegation plane crash near Ankara.
Torrential rainfall across southern and eastern Spain over the weekend has left one person dead and two others missing, authorities said on Sunday evening, as overflowing riverbeds swept away vehicles and officials urged residents to stay indoors.
China has given the nod for car makers to sell Level 3 self-driving vehicles from as early as next year after it approved two electric sedans from Changan Auto and BAIC Motors.
Warner Bros Discovery’s board rejected Paramount Skydance’s $108.4 billion hostile bid on Wednesday (17 December), citing insufficient financing guarantees.
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Iran has rolled out changes to how fuel is priced at the pump. The move is aimed at managing demand without triggering public anger.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
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