The CEO of Jeff Bezos' Blue Origin announced in an all-hands call on Thursday company-wide layoffs of "about 10 percent" of its employees, a sweeping readjustment as it aims to cut costs and ramp up rocket launches.

Employees at Jeff Bezos’ rocket company Blue Origin are bracing for layoffs. According to a staff email obtained by KIRO 7, the company says it will be letting go about 10% of the workforce – which is about 1,

Jeff Bezos' space company Blue Origin LLC is cutting about 10% of its workforce, a significant pullback aimed at slashing costs and refocusing resources after years of development work.