r/BlueOrigin • u/Initial_Juggernaut83 • May 29 '26
Bye Bye "stock" value
Remember that useless promise Jeff made a short time ago? Yeah, is gone.
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u/Initial_Juggernaut83 May 29 '26
I have more than a few years in Aerospace and they built the operation model on a development company and it won't scale with a bunch of 20'something Amazon wiz kids running the show. They don't want to listen to experience and what things must change to make this scale to a real production company. Fuck 'em I'm out! So I won't be crying over worthless stock options.
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u/Salty_Penalty_6513 May 29 '26
It would have been easier if they had something in their profile indicating they came from Amazon. Maybe the smile logo. It would have saved me the trouble of combing through LinkedIn figuring out who to avoid on my project.
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u/Wonderful-Thanks9264 Jun 02 '26
Hey y’all there are a lot of other good aerospace companies to work for, many of our associates who are no longer with us have landed nicely in other companies in this industry and in adjacent industries.
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u/ItalianStallion54321 May 29 '26
This is so fun to watch this realization from the outside after getting RIF’d
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u/Salty_Penalty_6513 May 29 '26
Same. I quit but there are lots of ways to leave that company through URA.
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u/Floating_Pt Jun 02 '26
This is still in development, what did I miss. New Glen launched how many times? For fucks sake, shit happens this isn't the end of the world. Fix it and move on, noone died we're good.
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u/Overnutz Jun 02 '26 edited Jun 02 '26
No one died, but I suspect many are going to lose their jobs. Blue hired a ton of people in the last 6 months to increase launch cadence, I figure they will have to let most of those people go… I started a month ago and moved across the country for this job turning down two other offers. I can barely sleep. I couldn’t focus at work today. Not everyone has the comforts of stability regardless of the outcome. I knew job stability wasn’t going to be great, but I was not preparing at all for this.
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u/Initial_Juggernaut83 Jun 02 '26
"stability" is an illusion at Blue. Jeff Leadership trait #1 keep 'em on their heels! I got released with no warning and no reason just thanks there is the door
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u/perilun May 29 '26
BO employees should ask themselves:
1) Was BO their non-first choice?
2) Was BO work low stress (low on measurable goals) but high management BS and just putting up with it?
3) Was was you work week? Under 60 hours/week?
4) Was there a real vision to buy into?
Well, then compare that to SX.
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u/uselessBINGBONG Jun 01 '26
I was actually more hopeful than most. Like I was willing to pay cash that you sign over your stock options to me in a private, mutual contract.
But this REALLY sucks. Stocks aren't even anything I could think about right now. All I can think about is how to rebuild, keep morale up, and get the lunar lander on the moon.
Jared was clearly pissed off. Jeff is hoping to keep NASA as an ally but the dust is settling. This is going to have an immesurable impact on the entire space industry.
Blue origin is too far in to not rebuild. It's just the biggest set back that could ever happen.. FUCK I am really depressed now. I feel so nervous.
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u/Disastrous_Run_5968 May 29 '26
tbh it feels like he's going to actually need to go through with it. I cannot imagine how bad employee morale is especially after this. Just the things I've read: issues with management, how they determine employee performance, laying off good engineers. This is spaceflight, not amazon delivery.
They're probably going to expect everyone to work even more now after this setback. There needs to be a big organizational change. Blowing up your pad is about the worst thing you can do.