BREAKING NEWS

SpaceX to lay off about 10 percent of its workforce

Jan 11 - 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.
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