Elon Musk’s SpaceX to lay off 10 percent of its workforce - News Summed Up

Elon Musk’s SpaceX to lay off 10 percent of its workforce


SpaceX founder and chief executive Elon Musk speaks in Hawthorne, Calif., on Sept. 17. SpaceX announced Friday evening that it would lay off 10 percent of its workforce. (Chris Carlson/AP)SpaceX announced Friday evening that it would lay off 10 percent of its workforce, a significant setback for the hard-charging company founded by Elon Musk. “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,” the company said in a statement. SpaceX was not awarded one of the contracts.


Source: Washington Post January 12, 2019 00:34 UTC



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