Blue Origin to lay off 10% of employees

Catch up quick: The layoffs affect roughly 1,400 of Blue Origin's nearly 14,000 employees, who are mostly based in Florida, Texas, and Washington.

• The layoffs also come as the company begins production of its New Glenn rocket, which first launched last month after several hiccups.

What they're saying: In an email shared with employees Thursday morning and obtained by Axios, Limp said the layoffs will impact positions in engineering, research and development, and program/project management, as well as other "layers of management."

• "Our primary focus in 2025 and beyond is to scale our manufacturing output and launch cadence with speed, decisiveness, and efficiency for our customers," Limp wrote. "We grew and hired incredibly fast in the last few years, and with that growth came more bureaucracy and less focus than we needed."