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

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

Business
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 such as creating a spaceship that can carry astronauts to Mars. 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."Th...