SpaceX to sack 600 staff
SPACEX will lay off 10 per cent of its roughly 6000 workers, announcing yesterday it needs to become leaner to accomplish ambitious projects such as creating a spaceship that can carry astronauts to Mars.
“This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be necess- ary,” the company said. The layoffs were announced to workers in an email from President Gwynne Shotwell.
Elon Musk’s company is financially healthy, recently valued at nearly $30 billion. It has a lucrative business sending government and commercial satellites into orbit and supplying the International Space Station.