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SpaceX will lay off hundreds to become a leaner company TechCrunch

https://techcrunch.com/2019/01/11/spacex-will-lay-off-hundreds-to-become-a-leaner-company/
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Jan 11, 2019 7:45 PM 2+ mon ago

SpaceX plans to lay off approximately 10 percent of its workforce in order to manage its costs, the company confirmed to TechCrunch today. The news comes as the company embarks on an ambitious plan to develop and test an interplanetary spacecraft while simultaneously performing frequent orbital launches.

In a statement provided to TechCrunch, SpaceX explained that the layoffs are in pursuit of becoming a "leaner company" and that they were only necessary due to "the extraordinarily difficult challenges ahead."

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. Either of these developments, even when attempted separately, have bankrupted other organizations. This means we must part ways with some talented and hardworking members of our team. We are grateful for everything they have accomplished and their commitment to SpaceX's mission. This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be ...

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