Blue Origin cuts 10% of staff one month after first successful New Glenn launch

Blue Origin, the space company, is cutting 10% of its workforce, potentially affecting around 1,000 employees. This comes just one month after the successful launch of its New Glenn mega-rocket. CEO Dave Limp stated the company is not set up for the desired level of success, calling it a "painful conclusion." The layoffs follow a period of slow progress and delays for Blue Origin, particularly with the New Glenn program, while competitor SpaceX has dominated the space launch market.