SpaceX Layoffs to Affect 10% of Workforce Across US

13 January, 2019, 09:13 | Author: Sherry Houston
  • The prototype rocket has been fully constructed in SpaceX's site in Texas

"We are grateful for everything they have accomplished and their commitment to SpaceX's mission", the company continued.

The decision to trim down was "only due to the extraordinarily hard challenges ahead", SpaceX pointed out.

The statement did not disclose the amount of layoffs, but a source said on background that it was 10 percent. Ten percent would mean at least 600 people will be laid off.

Over the past year, the company has signaled that it will focus increasingly on its Starlink satellite venture as well as the development of a massive Starship spacecraft and Super Heavy rocket booster.

The so-called test hopper will not enter orbit when it launches in the coming weeks but is instead meant to inform how SpaceX works toward a full-scale prototype of the Mars Starship. The first trip around the moon could be expected in the year 2023 with the help of this Starship. Highlights include its multibillion-dollar contracts to resupply the International Space Station and develop a space taxi for NASA astronauts, plus last year's maiden launch of its Falcon Heavy rocket.

SpaceX, which has developed reusable rockets and is working on Starship for a future anticipated Mars mission, gets most of its income from launching payloads for both private companies and the USA government.

Saudi Arabia to trim oil exports further in February
Saudi Arabia , the world´s top oil exporter, is the third biggest crude producer after the United States and Russian Federation . Al-Falih played down chatter in the market that Aramco would fund the entire $70 billion Sabic deal with the bond offering.

Another $10 billion project called Starlink would create a constellation of satellites to provide affordable broadband internet service. FCC approved the first 4,425 satellites in March 2018 and an additional 7, 518 in November 2018.

SpaceX successfully pulled off 21 rocket launches in 2018, sent a Tesla roadster into orbit on its Falcon Heavy rocket, and capped off the year by doing the same with a Global Positioning System satellite for the U.S. Air Force two days before Christmas.

According to Musk, the company is aiming for the vehicle to carry its first crew to Mars as early as the 2020s.

The company is also heavily investing in several different research and development programs.

Note: This article has been updated.

Recommended:



Popular

LaFleur Hiring Brings "Tempered Excitement" To Green Bay
The latter will be important in Green Bay, because there will be a dedication to the running game to give the offense balance. Another reason the Packers hired LaFleur: He does not plan to mess with the defense.

Transfer: Coutinho takes final decision on joining Manchester United from Barcelona
But Barcelona will only listen to offers that will see them pocket the same fee they paid for the player, reports Calcio Mercato. This time around they again top the table, sitting five points clear of Atletico Madrid at the summit after 18 matches played.

Thousands of stars turning into crystals
As they shrink, the ions are squeezed closer together until they eventually freeze in place to form ordered crystal lattice structures.

Musicians crashes again from the stage
Dave Grohl has fallen off a stage again, but luckily for the Foo Fighters leader, this time he didn't suffer any lasting damage. He was quickly helped up by security and continued on with the show.

Nokia 8.1 Plus renders point at a punch hole display
It is also a part of Android One program offering stock Android experience and has recently started getting Android Pie update. The display will measure 6.22-inch in size, similar to the upcoming Motorola P40 that will also have the punch-hole display.

Florida sheriff says he'll fight suspension after school massacre
DeSantis later tweeted that he was suspending Israel for 'his repeated failures, incompetence and neglect of duty'. Violent crime went down, and he easily won re-election in 2016 to oversee the county's 2,800 deputies.

NBA All-Star Voting: Second Returns Released
Each player's score will be calculated by averaging his weighted rank from the fan votes, the player votes and the media votes. Unlike past year , the All-Star draft WILL be televised this season although the draft date has not yet been announced.

Investigation continues after deadly double-decker bus crash
Authorities have launched an investigation into the cause of the collision, detaining the driver of the OC Transpo bus for questioning.

Stranded seals swarm Canadian town, block roads and buildings
Seals were trapped at Roddickton-Bide Arm on the island of Newfoundland. "It's not a matter of the seals doing it on their own". But as winter closed in this year, the seals apparently became stranded, separated from open water by miles of ice.

Virat Kohli on Pandya-Rahul controversy
The legal team has suggested that the CoA, as the authorised head of the BCCI now , could substitute for the Apex Council. While KL Rahul does not seem to have made such statements himself on the episode, he did not counter Hardik either.