In an unprecedented move, both Planet and Astra, two leading private space exploration companies, have announced layoffs and a retirement for their flagship rocket, Max Q. It marks a major setback for the highly competitive space exploration industry. The layoffs of 393 Planet and Astra employees came after purported financial losses from the unsuccessful launch… Continue reading rocket retirement
Tag: planet
Planet to lay off 10% of staff to focus on ‘highest ROI opportunities’
Planet, one of the leading companies in the tech industry, recently announced that they will be laying off 10% of their global staff due to a shift in their focus. The company plans to focus its efforts on maximizing return on investment, and is conducting an international resource review that will affect staff in all… Continue reading Planet to lay off 10% of staff to focus on ‘highest ROI opportunities’