More than 6,000 SpaceX employees will lay off 10percent of their staff, saying the decision is difficult but necessary.

 More than 6,000 SpaceX employees will lay off 10percent of their staff, saying the decision is difficult but necessary.

Picture: SpaceX Falcon 9 rocket launched with 10 Iridium satellites

Netease Technologies News Jan. 12, according to the Los Angeles Times, SpaceX, a rocket company owned by American serial entrepreneur Elon Musk, announced on Friday local time that it needed to slim down and would lay off more than 10% of its roughly 6,000 employees.

The Los Angeles Times received an e-mail from Gwynne Shotwell, SpaceXs president, referring to layoffs. This is a very difficult but necessary decision, Schottville wrote.

In a statement, SpaceX said: In order to continue serving customers and successfully develop spacecraft and the global space internet, SpaceX must become a more streamlined company. The development of these two projects, even if tried separately, has bankrupted other companies. This means that we have to separate ourselves from some of the talented and hard-working employees in our team.

Although SpaceX has stepped up its satellite launches, launching 21 times in 2018, up from 18 the previous year, and completing its first launch this year on Friday, the company occasionally cuts staff. In the summer of 2018, the company fired some senior executives in Redmond, Washington, because of differences in the speed of developing and testing Starlink satellite projects.

Most of SpaceXs revenue comes from commercial and national security satellite launches, as well as two NASA contracts, one for delivering goods to the International Space Station, worth billions of dollars, and the other for developing spacecraft capable of sending astronauts to the International Space Station, worth up to $2.6 billion. The first launch of the spacecraft is scheduled for February, with no astronauts aboard.

The Rocket Company led by Musk has even more ambitious plans and costs. Musk said SpaceX would conduct a jump test of its prototype Mars spacecraft as early as next month. The production version of the spacecraft and its rocket system is expected to cost billions of dollars.

Earlier this month, private-owned SpaceX announced that it had raised about $273 million by issuing shares and other securities, ultimately trying to raise about $500 million, according to a document submitted to the Securities and Exchange Commission. According to Equidate, which tracks the valuations of private companies, the company is valued at $31 billion.

In May 2018, Schottville said that the company had been profitable and had been profitable for many years. Schottville said in an e-mail that SpaceX provided laid-off workers with wages and other benefits for at least eight weeks. The company will also provide career guidance, resumes and job search assistance. (small)

Source: Responsible Editor of Netease Science and Technology Report: Wang Fengzhi_NT2541