Sunday, December 07, 2025 | 04:01 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

SpaceX to lay off about 10 percent of its workforce - source

Image

Reuters

By Kanishka Singh

(Reuters) - Elon Musk's SpaceX will lay off about 10 percent of its more than 6,000 employees, a source familiar with the matter said on Friday.

The company did not comment on the number of layoffs but said in emailed comments that it needs to become a "leaner" organization for which it would "part ways" with some of its 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", a SpaceX spokesman said.

The layoffs were reported earlier by the LA Times.

(Reporting by Kanishka Singh and Supriya Roy in Bengaluru, Editing by Rosalba O'Brien)

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 12 2019 | 6:27 AM IST

Explore News