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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.

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.

BLUE ORIGIN HIRES BALLARD: New business is still flooding into Ballard Partners, which has registered to lobby for Blue Origin, the Jeff Bezos-owned rival of Elon Musk’s space company SpaceX.

The private space company founded by Jeff Bezos set a target of eight New Glenn launches per year. Blue Origin employees were made aware of the layoffs in an all-hands meeting on Thursday.

We apologize, but this video has failed to load. Try refreshing your browser, or tap here to see other videos from our team. The space company laid out the personnel shakeup during an all-hands ...

Blue Origin maintains an ambitious space portfolio. Jeff Bezos' space company Blue Origin LLC is cutting about 10% of its workforce, a significant pullback aimed at slashing costs and refocusing ...