Share on. This story has been updated. The private space corporation has previously said … The company cited the need to become "leaner" as the reason for the layoffs. A SpaceX Falcon 9 rocket launch in Cape Canaveral, Fla.

SpaceX currently has about 6,000 employees, so that 10 percent layoff number means that roughly 600 people will lose their jobs. Elon Musk's rocket company, SpaceX, is laying off 577 employees from its headquarters in California. "Falcon Heavy will fly again in 2019. While all of the limelight has been squarely fixed on SpaceX’s still under-construction Starship rocket, Elon Musk’s aerospace company has also been readying its most powerful operational launch vessel for its first commercial mission." SpaceX Layoffs Include 577 Positions at California Headquarters By . SpaceX, the rocket company owned by Elon Musk, will lay off about 10% of its employees, the Los Angeles Times reported on Friday, citing an unnamed source.

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SpaceX, the rocket company founded by Tesla billionaire Elon Musk, is laying off 10 percent of its 6,000-employee workforce. The private rocket company said layoffs were a strategic step in anticipation of the “extraordinarily difficult challenges ahead.” A notice sent to the state lists the jobs. SpaceX is laying off 10% of its 6,000-person workforce as it tackles two hugely expensive projects. The layoff notice that SpaceX sent to its employees on January 11 provides about 61 days' notice before termination — one day more than the WARN Act's 60-day minimum. The company was founded in 2002 to revolutionize space technology, with the … 15th Jan 2019 +0 . SpaceX designs, manufactures and launches advanced rockets and spacecraft.

Elon Musk blames SpaceX layoffs on 'absolutely insane' Mars rocket and satellite internet projects.

The layoffs are part of a move to streamline the business and cut costs. Elon Musk's rocket company SpaceX plans to reduce its workforce by about 10 percent. By Sutrishna Ghosh. SpaceX is letting around 10 percent of its 6,000-plus employees go, according to Reuters and Ars Technica. SpaceX has revealed when the Falcon Heavy will launch again. SpaceX will lay off 10 percent of its workforce, immediately following its first successful rocket launch of the year for satellite operator Iridium. SpaceX, citing a need to get “leaner,” said Friday it will lay off about 10% of its roughly 6,000 employees. Share on +0 .

Published Thu, Jan 31 2019 2:53 PM EST Updated Thu, Jan 31 2019 6:10 PM EST. SEE ALSO: Watching SpaceX's Falcon Heavy launch to space was like seeing into the future. The news comes as … Upcoming SpaceX layoffs could account for 577 jobs at California headquarters.

SpaceX plans to lay off approximately 10 percent of its workforce in order to manage its costs, the company confirmed to TechCrunch today.