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Here's why SpaceX is laying off 10% of its workforce — Latest News

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As SpaceX attempts to get two expensive projects off the ground, the US-based private spaceflight company said it would lay off 10 per cent of its roughly 6,000-person workforce.
As SpaceX attempts to get two expensive projects off the ground, the US-based private spaceflight company said it would lay off 10 per cent of its roughly 6,000-person workforce.
«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 Elon Musk-led company was quoted as saying in a statement on Friday by CNN.
«This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be necessary,» the statement added.

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