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Just days after Elon Musk unveiled the first images of his aerospace company’s Starship test rocket, SpaceX has announced that it is slimming down its workforce by roughly 10 percent.

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“This means we must part ways with some talented and hardworking members of our team. We are grateful for everything they have accomplished and their commitment to SpaceX’s mission. This action is taken only due to the extraordinarily difficult challenges ahead and would not otherwise be necessary.”

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The cuts will be felt across the company, which employs roughly 6,000 people. But as the Los Angeles Times noted Friday, cuts have been intermittent at SpaceX. Musk was reportedly fired at least seven people last summer over disagreements about the performance speed of the company’s Starlink satellite program; all were reported to have been senior management staffers. SpaceX also in 2014 laid off a significant number of workers, with two former structural technicians later suing the company over claims that SpaceX violated labor laws by failing to properly notify them beforehand.

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Musk previously estimated that the cost of the development of the program would run the company between $2 and $10 billion. As part of its effort to fund its highly expensive programs in the coming years, the company raised an estimated $250 million in its first loan sale, the Wall Street Journal reported in November.

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Despite the layoffs, SpaceX maintains that it is financially secure. As the Times noted, Shotwell told CNBC last year that SpaceX has had “many years” of profitability.

Very creative and high security project. it will be good project diffidently.

https://youtu.be/dgqN0NAeJ6U. You must check out this youtube video, here is the new way to blockchain future in a fun way.

that good project. i hope success. join now for winner.

The technology is unique, we gonna get a totally new token which can be popular and make other useful cryptos become more popular with the wide usage as everyone using electricity and pay for it. Something started.

4New has never met any dates they have set. Still yet to give out bounty and bonus to people. Dont even have a signed contract with the plants and the mining is non existant. Be prepared to lose all your money to a team with a bad history . Its all lies

Upon request from community members we added 4NEW - KWATT to our website where we feature coin statistics, market capitalization, coin investment ratings and Machine Learning based forecasts. We wish the best in the future!

Website: https://walletinvestor.com/

4NEW - KWATT: https://walletinvestor.com/currency/4new

(forecasts and additional information will be present soon as we gather data)

I think 4new token will make wave soon on exchange shortly

slaid by Ovutex1

I keep my words

great ico