Part 2/9:
Recently, Blue Origin announced a major restructuring, including a layoff of approximately 1,000 employees, representing about 10% of its workforce. This move was communicated by CEO Dave Limp, previously an Amazon executive, in an attempt to streamline operations in a highly competitive industry dominated by SpaceX. The layoffs reflect not just a shift in strategy but also signify struggles in scaling operations to stay relevant amidst an intense rivalry.