Overview

• Blue Origin announced plans to cut approximately 1,400 jobs, representing 10% of its workforce, in a move to reduce bureaucracy and refocus priorities.
• The layoffs come just weeks after the successful inaugural launch of the New Glenn rocket, a milestone for the company after years of delays.
• CEO Dave Limp, appointed in late 2023, stated the decision was necessary to align the organization with goals of increasing manufacturing output and launch frequency.
• Job cuts will impact engineering, research and development, and project management roles, as well as reduce layers of management across the company.
• Despite the layoffs, Blue Origin plans to continue hiring in key areas and pursue ambitious goals, including a lunar mission and expanded launch schedules in 2025.