The private US aerospace company SpaceX is laying off ten percent of its 6,000-person workforce, media reported.
SpaceX will offer affected employees a minimum of eight weeks pay and other benefits, the Los Angeles Times reported on Friday citing a person familiar with the matter.
The company in a statement to the Times said the decision was necessary because to deliver for its customer it had to become a leaner operation.
SpaceX earlier this month raised $273 million through preferred stock, CNBC reported on Friday, citing a filing with the US Securities and Exchange Commission.
Source: Sputnik News
Related Links
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Rocket Science News at Space-Travel.Com
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Elon Musk shows off prototype of Mars-bound rocket, Starship
Washington (AFP) Jan 11, 2019
SpaceX CEO Elon Musk has unveiled the first pictures of a retro-looking, steely rocket called Starship that may one day carry people to the Moon and Mars.
Musk posted pictures on Twitter late Thursday of the Starship Hopper prototype, which awaits its first flight test in Texas in the coming weeks.
"Starship test flight rocket just finished assembly at the @SpaceX Texas launch site. This is an actual picture, not a rendering," he wrote.
The prototype built in Boca Chica, along the Gulf Coast ... read more
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