Musks space travel company SpaceX dismisses hundreds of employees – view

Bad times for the employees of the aerospace company SpaceX. One out of every Ten to be released. The company of Elon Musk did not want to …

Bad times for the employees of the aerospace company SpaceX. One out of every Ten to be released. The company of Elon Musk did not want to comment on the demand for the number of redundancies. It spoke only of a”leaner” organization, for the need to separate from a part of the workforce.

SpaceX intends to offer starting in 2023 flights to the moon. Also traveling to Mars would like to make a Musk. He also relies on lucrative contracts from the U.S. space Agency, Nasa, the U.S. military and satellite companies. Reusable components are designed to make space travel significantly cheaper.

Amazon founder Jeff Bezos pushes at his private rocket company Blue Origin on the pace. Likewise, his British billionaire Mr Richard Branson is involved in the business with Amateur astronauts. (SDA)

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Elon Musk’s SpaceX to ‘part ways’ with some of it manpower

Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 per cent of the company’s 6,000 plus employees, it said on Friday.

Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 per cent of the company’s 6,000 plus employees, it said on Friday. The company said it will “part ways” with some of its manpower, citing “extraordinarily difficult challenges ahead.”

“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. Either of these developments, even when attempted separately, have bankrupted other organisations”, a spokesman said in an email, reported Reuters.

In June, 2018, Elon Musk fired at least seven people in the senior management team leading a SpaceX satellite launch project, Reuters reported in November. The sackings were related to disagreements over the pace at which the team was developing and testing its Starlink satellites.

SpaceX’s Starlink program is competing with OneWeb and Canada’s Telesat to be the first to market with a new satellite-based internet service.

The management shakeup involved Musk bringing in new managers from SpaceX headquarters in California to replace a number of the managers he fired in Seattle.

Last month, SpaceX launched its first US national security space mission, when a SpaceX rocket carrying a US military navigation satellite blasted off from Florida’s Cape Canaveral.

In December, the Wall Street Journal reported that SpaceX was raising $500 million, taking its valuation to $30.5 billion.

The Hawthorne, California-based company had earlier outlined plans for a trip to Mars in 2022, to be followed by a manned mission to the red planet by 2024.

Another Elon Musk company, electric car maker Tesla Inc, said in June it was cutting 9 percent of its workforce by removing several thousand jobs across the company in cost reduction measures.

(Reuters)

Alon Musk’s SpaceX to ‘part ways’ with some of it manpower

Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 per cent of the company’s 6,000 plus employees, it said on Friday.

Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 per cent of the company’s 6,000 plus employees, it said on Friday. The company said it will “part ways” with some of its manpower, citing “extraordinarily difficult challenges ahead.”

“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. Either of these developments, even when attempted separately, have bankrupted other organisations”, a spokesman said in an email, reported Reuters.

In June, 2018, Elon Musk fired at least seven people in the senior management team leading a SpaceX satellite launch project, Reuters reported in November. The sackings were related to disagreements over the pace at which the team was developing and testing its Starlink satellites.

SpaceX’s Starlink program is competing with OneWeb and Canada’s Telesat to be the first to market with a new satellite-based internet service.

The management shakeup involved Musk bringing in new managers from SpaceX headquarters in California to replace a number of the managers he fired in Seattle.

Last month, SpaceX launched its first US national security space mission, when a SpaceX rocket carrying a US military navigation satellite blasted off from Florida’s Cape Canaveral.

In December, the Wall Street Journal reported that SpaceX was raising $500 million, taking its valuation to $30.5 billion.

The Hawthorne, California-based company had earlier outlined plans for a trip to Mars in 2022, to be followed by a manned mission to the red planet by 2024.

Another Elon Musk company, electric car maker Tesla Inc, said in June it was cutting 9 percent of its workforce by removing several thousand jobs across the company in cost reduction measures.

(Reuters)

Elon Musk’s SpaceX to cut 10% of staff amid ‘difficult challenges’

SpaceX is making 10% of its workforce redundant – with the tech company saying it needs to become “leaner” if it is to accomplish ambitious projects …

About 600 of the firm’s 6,000-strong workforce are being laid off, with the company blaming “extraordinary difficult challenges ahead” for its decision.

The layoffs were announced to workers in an email from SpaceX president Gwynne Shotwell, the Los Angeles Times reported.

In a statement, SpaceX said: “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.

“Either of these developments, even when attempted separately, have bankrupted other organisations.

“This means we must part ways with some talented and hardworking members of our team.”

SpaceX is financially healthy and was recently valued at $30bn (£23bn). However, it has several expensive projects in the works – including a launch from California on Friday.

The company is also delivering supplies to the International Space Station (ISS).

Space X employees are facing redundancy
Image:Space X employees are facing redundancy

Elon Musk, who heads the company, believes it will cost $10bn (£7.7bn) to develop a spaceship which could send people to Mars.

He unveiled a steel-clad test flight prototype of the rocket, called Starship, this week.

Another $10bn (£7.7bn) project called Starlink would create a constellation of satellites to provide affordable broadband internet service.

In November, the company won authorisation from US officials to put nearly 12,000 satellites into orbit.

SpaceX makes most of its money from multibillion-dollar contracts with NASA and satellite launches.

Laid-off employees are going to be offered at least eight weeks’ pay and other benefits, along with help in finding new employment.

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Elon Musk’s SpaceX to lay off 10 percent of its workforce

SpaceX announced Friday evening that it would lay off 10 percent of its workforce, a significant setback for the hard-charging company founded by …

Christian Davenport

Reporter covering the defense and space industries

January 11 at 7:33 PM

SpaceX announced Friday evening that it would lay off 10 percent of its workforce, a significant setback for the hard-charging company founded by Elon Musk.

The move comes as the California-based company, which employs more than 6,000 people, is pulled in many directions. It is on the verge of launching NASA’s astronauts, building a new rocket known as Starship that it hopes will be able to carry people to deep space and launching a constellation of satellites that would beam the Internet down to remote areas.

“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,” the company said in a statement. “This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be necessary.”

The move comes a few months after the Air Force awarded lucrative contracts to several of SpaceX’s competitors to help them develop their rockets. SpaceX was not awarded one of the contracts.

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