SpaceX To Lay Off 10% Of Employees

According to Reuters, Elon Musk’s SpaceX is set to lay off about 10 percent of its workforce. The Hawthorne, California based company employees more than 6,000 people. The company did not comment on the number of layoffs but said in an emailed statement that in order to continue to be efficient, they would need to become a “leaner” organization. A Space X spokesman 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”.

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