Company says it needs to be « leaner » to accomplish ambitious goals.
SpaceX plans to lay off 10 percent of its 6,000-employee workforce, citing a need to be a « leaner company » to meet its ambitious goals.
Elon Musk’s company maintains it’s financially strong but needs the staff reductions to ensure it can accomplish long-term goals of deploying satellite-based broadband service and transporting humans to other planets.
« 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, » the company said in a statement Friday. « 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, » the company continued. « This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be necessary. »
The layoffs were reported earlier Friday by the Los Angeles Times .

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