Jeff Bezos-Backed Blue Origin to Cut 10% of Its Workforce

Jeff Bezos speaks at the unveiling of a Blue Origin system in Colorado Springs, Colorado.Photographer: Matthew Staver/Bloomberg
Lock
This article is for subscribers only.

Jeff Bezos’ space company Blue Origin LLC is cutting about 10% of its workforce, a significant pullback aimed at slashing costs and refocusing resources after years of development work.

The rocket and engine maker laid out the personnel shakeup during an all-hands employee meeting with Chief Executive Officer Dave Limp Thursday morning, confirming a workforce reduction first reported by Bloomberg.