SpaceX Layoffs Include 577 Positions at California Headquarters
SpaceX is taking the ax to its headquarters in California.
Hours after launching its first rocket of the new year on Friday morning, the Elon Musk-led company told employees that roughly 10 percent of SpaceX’s workforce would be laid off. Stunned workers were sent home early to await notification to their private email addresses about their fate.
Those cut include production managers, avionics technicians, machinists, inventory specialists and propulsion technicians.
SpaceX flew a record 21 missions in 2018 for customers including commercial satellite operators, NASA and the U.S. military. But the market size for launches is finite, and SpaceX President and Chief Operating Officer Gwynne Shotwell has warned there might be a slowdown in orders from the geo-telecommunications industry.
“Next year, you won’t see as many launches as you see in 2018,” Shotwell said.
https://www.bloomberg.com/news/articles/2019-01-13/spacex-layoffs-include-577-positions-at-california-headquarters
