CAPE CANAVERAL, Fla. — Jeff Bezos’ rocket company Blue Origin is cutting 10% of its workforce. This week's move comes a month after the debut of Blue Origin’s New Glenn rocket, which reached orbit on its first try. CEO Dave Limp relayed the layoff news to employees Thursday, with notifications going out Friday.

Jeff Bezos-owned Blue Origin will slash 10% of its workforce as it pivots toward increasing rocket launch frequency after years of research and development, the space company said Thursday. “Our primary focus in 2025 and beyond is to scale our manufacturing output and launch cadence with speed,

The CEO of Jeff Bezos' Blue Origin announced in an all-hands call on Thursday company-wide layoffs of "about 10 percent" of its employees, a sweeping readjustment as it aims to cut costs and ramp up rocket launches.

Blue Origin is reportedly planning on letting go of approximately 10% of its workforce—about 1,000 employees—nearly a month after the inaugural liftoff of New Glenn. The company is hoping to focus on growth over the next few years,