Home / News from NPR / SpaceX To Lay Off 10 Percent Of Its Workforce

SpaceX To Lay Off 10 Percent Of Its Workforce

By Richard Gonzales NPR

SpaceX, the pioneering space technology company led by Elon Musk, will lay off about 10 percent of its more than 6,000 employees.

The news was first reported by the Los Angeles Times.

In a statement, a company spokesman confirmed the layoff without specifying how many employees will be released.

“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,” said the statement. “This means we must part ways with some talented and hardworking members of our team. … This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be necessary.”

A company source says SpaceX remains financially strong and can continue to “manufacture and launch at a reliable cadence in the years ahead.”

This year the company also will begin “test hops” of Starship, a prototype designed for human travel to Mars, according to the source.

Copyright 2019 NPR. To see more, visit https://www.npr.org.

Read the full story on NPR.org »

Check Also

Alabama Historians Say The Last Known Slave Ship To U.S. Has Been Found

The Clotilda carried 110 people from present-day Benin to the shores of Mobile in 1860, despite the import of slaves being illegal. Researchers told their descendants about the discovery first.