News

SpaceX Announce 10% Of Staff To Be Made Redundant

SpaceX Axe 10% Of Workforce

Over the last year, the SpaceX project has provided some of the most exciting news in the technology world. The company, headed by Tesla CEO Elon Musk, has been making some exciting developments in their rocket technology that makes commercial space travel seem a much more likely prospect and reality than it did 5 years ago.

It seems, however, that the project is having to undergo a little ‘belt-tightening’ as in a report via CNET, the company has confirmed that 10% of its staff will be made redundant.

Redundancies

The project currently employs around 6,000 employees. It seems, however, that cost-cutting measures are necessary to keep everything on track. In an official statement, the company has said: “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. Either of these developments, even when attempted separately, have bankrupted other organizations. This means we must part ways with some talented and hardworking members of our team.”

“We are grateful for everything they have accomplished and their commitment to SpaceX’s mission. This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be necessary.”

Starship

It is, of course, always disappointing to hear about job losses. It is, however, perhaps a bit of a damp towel over the announcement of the completion of the ‘Starship’ prototype rocket. If SpaceX is going to attempt to meet it’s commercial ‘around the moon’ flight in 2023, however, this step may either help or hinder this task. It’ll be interesting to see what the future holds.

What do you think? – Let us know in the comments!

Mike Sanders

Disqus Comments Loading...

Recent Posts

Electronic Arts Titles Played for Over 11 Billion Hours in 2024

Electronic Arts (EA) announced today that its games were played for over 11 billion hours…

2 days ago

Just 15% of Steam Gaming Time in 2024 Was Spent on New Releases

Steam's annual end-of-year recap, Steam Replay, provides fascinating insights into gamer habits by comparing individual…

2 days ago

STALKER 2 Gets Massive 110GB Patch With 1800+ Fixes

GSC GameWorld released a major title update for STALKER 2 this seeking, bringing the game…

2 days ago

Intel Unveils Core 200H Processors Based on the Previous Raptor Lake Refresh

Without any formal announcement, Intel appears to have revealed its new Core 200H series processors…

3 days ago

Ubisoft Reportedly Developing a New Quadruple A Game

Ubisoft is not having the best of times, but despite recent flops, the company still…

3 days ago

STALKER 2: Heart of Chornobyl Update 1.1 Fixes 1,800 Issues and Revamps A-Life 2.0

If you haven’t started playing STALKER 2: Heart of Chornobyl yet, now might be the…

3 days ago