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Elon Musk`s SpaceX to lay off about 10 percent of its workforce, says a source

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.

Elon Musk`s SpaceX to lay off about 10 percent of its workforce, says a source
SpaceX 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. Image source: Reuters

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.

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The layoffs were reported earlier by the LA Times.

 

Written By: Reuters
Updated: Sat, Jan 12, 2019
09:06 am
Reuters
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