AM I NEXT? NO LOVE AT BLUE ORIGIN ENTERPRISES

Kent, Washington-based Blue Origin Enterprises, a space technology company, has announced plans to implement a cost containment initiative and a major reduction in force.

According to insiders, the extent of the layoffs is estimated to be approximately10% of its workforce — or more than 1,000 employees

CEO Dave Limp...

Folks,

We just finished this morning’s meeting, during which I gave an update on our organization. As I mentioned, we have made the tough decision to reduce our workforce by about 10%. The impact this has is not lost on any of us—we are saying goodbye to our friends and colleagues who have helped us build Blue into what it is today.

I know this is a lot to absorb, and I would like to explain how we got here. Over the last few months, as a leadership team, we have worked together to define our 2025 Annual Operating Plan and growth strategy. Our primary focus in 2025 and beyond is to scale our manufacturing output and launch cadence with speed, decisiveness, and efficiency for our customers. We grew and hired incredibly fast in the last few years, and with that growth came more bureaucracy and less focus than we needed. It also became clear that the makeup of our organization must change to ensure our roles are best aligned with executing these priorities. Sadly, this resulted in eliminating some positions in engineering, R&D, and program/project management and thinning out our layers of management.

While I acknowledge that these messages are better delivered personally and individually, the reach of these changes across multiple locations and teams makes that difficult. We will notify impacted employees immediately via their work and personal email addresses of their status with Blue. We will also email employees who are not impacted to confirm their employment with Blue. Both emails will arrive by 7:30 AM PT/10:30 AM ET today. While our sites are open, I encourage you to work from home for the rest of the day if your role allows you to do so.

We are doing what we can to support everyone impacted. The email notifications will provide support details, which include severance packages, COBRA coverage, career support services, and access to counseling through our Employee Assistance Program.

Let me add that I am extremely confident in the enormous opportunities in front of us and have never been more optimistic about our mission. We will continue to invest, invent, and hire hundreds of positions in areas that will help us achieve our goals and best serve our customers. We will be a stronger, faster, and more customer-focused company that consistently meets and exceeds our commitments. This year alone, we will land on the Moon, deliver a record number of incredible engines, and fly New Glenn and New Shepard on a regular cadence.

To our colleagues who are impacted today, thank you so much for your hard work and passion for our mission. I hope we all support one another with grace and empathy while upholding our leadership principles during this time.

Dave

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?