We already knew that SpaceX planned to lay off 10 percent of its workforce. Now we know which 10 percent. On Wednesday, Business Insider …
We already knew that SpaceX planned to lay off 10 percent of its workforce. Now we know which 10 percent.
On Wednesday, Business Insiderrevealed that it obtained a copy of a document SpaceX sent to California’s Employment Development Department.
The document lists the job titles of all 577 staff members at the company’s Hawthorne, California, headquarters that the SpaceX layoffs will affect — and it looks like technicians will suffer the most during the company’s “strategic realignment.”
According to the Business Insider report, 174 technicians will lose their jobs, with the position accounting for 30.2 percent of the SpaceX layoffs in Hawthorne. The next largest groups are engineers (97 people), machinists (35 people), and specialists (33 people).
Despite the sustained launches and deep space mission that SpaceX has under development as we speak, the Elon Musk’s private space company is …
Despite the sustained launches and deep space mission that SpaceX has under development as we speak, the Elon Musk’s private space company is announcing that it will lay off 10% of its workforce.
SpaceX, which is headed by Elon Musk, former CEO of PayPal and currently the head of Tesla Motors, is not slowing down the pace of its activities, between sustained satellite launches and refueling for the ISS space station. Besides these purposes, SpaceX is also preparing for the so-called Dragon capsule that would make it possible for humans to land on the Moons and establish the first Mars colony.
However, those ambitious plans did not prevent the #1 private space company from laying off no less than 10 percent of its workforce, estimated at 6,000 employees.
Referring to a “tough but necessary decision” in a letter to employees, the company’s president Gwynne Shotwell explained that the step was necessary to continue to meet the demands of the company’s customers and to lead interplanetary projects simultaneously.
SpaceX Private Space Company Would Lay Off 10 Percent of Its Employees
SpaceX made 21 launches last year, up from 18 in 2017, and expects to further accelerate the pace, as it by now has launched ten more Iridium satellites, taking advantage of its multi-reusable SpaceX Falcon 9 rockets’ technologies, which the company has demonstrated during several launches in 2018.
In parallel, the company is preparing the Demo-1 mission. That would be the first mission operating a SpaceX Falcon Heavy launcher carrying a human-crewed Dragon capsule, to be launched in February.
The company is already profitable, according to statements made by the same Gwynne Shotwell a few months ago, as reported by the Los Angeles Times, with several years of profitability assured thanks to its order books.
SpaceX private space company will provide several weeks’ salary and career support for the employees the firm would fire.
Elon Musk’s Space Exploration Technologies (SpaceX) will reduce its workforce by about 10 percent, Reuters reports. SpaceX currently has more than …
Elon Musk’s Space Exploration Technologies (SpaceX) will reduce its workforce by about 10 percent, Reuters reports. SpaceX currently has more than 6,000 employees, it said on Friday. “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”, SpaceX said in a statement to AFP.
“Either of these developments, even when attempted separately, have bankrupted other organizations,” the company said. “This means we must part ways with some talented and hardworking members of our team”, the company added. The workforce reduction is “only due to the extraordinarily difficult challenges ahead”, SpaceX also said.
According to an email sent to employees on 11 January, the company is offering those affected a minimum of 8 weeks’ pay and other benefits, including career coaching and resume assistance, the Los Angeles Times reports.
SpaceX chief executive Elon Musk has unveiled the first pictures of a shiny, monster rocket called Starship, which will depart on its first test flights in …
SpaceX chief executive Elon Musk has unveiled the first pictures of a shiny, monster rocket called Starship, which will depart on its first test flights in Texas in March or April. The vehicle is integral part of Musk’s plan of space tourism and may one day carry humans to deep space destinations, such as the moon and Mars.
“Starship test flight rocket just finished assembly at the @SpaceX Texas launch site. This is an actual picture, not a rendering.” Elon Musk wrote in Twitter.
The Starship Hopper prototype built in Boca Chica is eight meters wide, but a bit small than the actual future rocket. The prototype is meant for short launches and landings and will reach several miles in the air before landing back on Earth. The orbital tests could come in as early as June 2019. These tests will enable the company to reach its space exploration goals and to see if the rocket could safely make it to orbit and then return.
Elon Musk initially called the rocket that would take humans to Mars Big Falcon Rocket or BFR, later naming it Starship. According to SpaceX, the actual Starship will measure around 350 feet in height. It will able to hold 100 people and could one day be used to establish colonies on tMoon and Mars.
A Japanese billionaire would be among SpaceX’s first tourists to fly to the moon as early as 2023. The trip would mark first human journey to the Moon since the Apollo era of the 1960s and ’70s. A total of 24 people flew to the moon to date, while only 12 walked on the lunar surface.
“A BFR flight will actually cost less than our Falcon 1 flight did. That was about a 5 or 6 million dollar marginal cost per flight. We’re confident the BFR will be less than that. That’s profound, and that is what will enable the integration of a permanent base on the Moon and a city on Mars. And that’s the equivalent of like the Union Pacific Railroad, or having ships that can quickly cross the oceans.” Elon Musk said in an earlier statement.
SpaceX currently sends two rockets to the International Space Station: the Falcon 9 and the Falcon Heavy.
SpaceX, the private rocket company founded by the billionaire Elon Musk, is laying off about 10 percent of its work force in what it framed as a …
The company said the layoffs were a strategic step in anticipation of the “extraordinarily difficult challenges ahead.”
SpaceX, based in Hawthorne, Calif., aims to revolutionize space travel and hopes to one day send humans to colonize Mars. While the company says it is financially strong, the viability of its vision has been hard to measure.
The Wall Street Journal reviewed internal financial documents and reported in 2017 that SpaceX was vulnerable to setbacks, such as a failed rocket launch in 2015 that contributed to a quarter-billion dollar annual loss and a 6 percent drop in revenue.
In 2016, another SpaceX rocket exploded, destroying a $200 million communications satellite on board, and Mr. Musk was criticized for moving too quickly in the complex industry of space travel.
The company has ambitious plans for this year, including the deployment of its first set of Starlink satellites, which promise space-based internet. The test launch of Crew Dragon, a capsule built to carry NASA astronauts to the International Space Station, was scheduled for this month but has been pushed back, NASA said this week. If successful, the company could schedule a test launch with a crew aboard for later this year.