<p>Blue Origin is preparing for significant job cuts to reduce costs and focus on increasing rocket launches after years of research and development, <em>Bloomberg News</em> reported on Wednesday, citing people familiar with the matter.</p><p>The magnitude of the layoffs was not immediately clear, though one of the people told <em>Bloomberg News</em> that the Jeff Bezos-backed rocket firm is expected to cut hundreds of jobs, potentially reaching over a thousand.</p>.Shorter time gap between two tariff hikes justified, need of the hour: Vodafone Idea CEO.<p>Blue Origin will address the job cuts in an all-hands meeting with CEO Dave Limp on Thursday morning, the report said.</p><p>The company did not immediately respond to Reuters' request for comment.</p><p>The move comes about a month after the firm debuted its New Glenn rocket, whose development spanned three CEOs and faced numerous delays as SpaceX grew into an industry juggernaut.</p>
<p>Blue Origin is preparing for significant job cuts to reduce costs and focus on increasing rocket launches after years of research and development, <em>Bloomberg News</em> reported on Wednesday, citing people familiar with the matter.</p><p>The magnitude of the layoffs was not immediately clear, though one of the people told <em>Bloomberg News</em> that the Jeff Bezos-backed rocket firm is expected to cut hundreds of jobs, potentially reaching over a thousand.</p>.Shorter time gap between two tariff hikes justified, need of the hour: Vodafone Idea CEO.<p>Blue Origin will address the job cuts in an all-hands meeting with CEO Dave Limp on Thursday morning, the report said.</p><p>The company did not immediately respond to Reuters' request for comment.</p><p>The move comes about a month after the firm debuted its New Glenn rocket, whose development spanned three CEOs and faced numerous delays as SpaceX grew into an industry juggernaut.</p>