Layoffs Coming for Blue Origin

Rocket company announces it plans to let go 10 percent of its workforce.

Friday, February 14, 2025 at 02:00 PM ET

Verified

Blue Origin’s New Glenn rocket lifts off on its highly awaited maiden flight on Thursday, January 16. [Courtesy: Blue Origin]

Key Takeaways:

Blue Origin is laying off approximately 10% of its 14,000-person workforce, impacting around 1,400 employees primarily in Florida, Texas, and Washington state.
The layoffs are a strategic decision to streamline operations, ramp up production of the New Glenn rocket, and increase its launch frequency.
This move aims to enhance Blue Origin's competitiveness in the space industry against rivals like Elon Musk's SpaceX.

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Blue Origin, the Jeff Bezos-backed rocket company, has announced plans to lay off about 10 percent of its workforce, Reuters reported on Wednesday.

Approximately 1,400 of Blue Origin’s nearly 14,000 employees are being cut, primarily affecting workers in Florida, Texas, and Washington state, the media outlet reported. The layoffs come as the company ramps up production of its massive New Glenn rocket, which successfully launched for the first time last month.

Amelia Walsh

Amelia Walsh is a private pilot who enjoys flying her family’s Columbia 350. She is based in Colorado and loves all things outdoors including skiing, hiking, and camping.