Blue Origin, the company founded by Jeff Bezos, is set to lay off approximately 10% of its workforce, affecting roughly 1,400 employees. CEO Dave Limp explained that the layoffs are intended to streamline operations by cutting bureaucracy and boosting efficiency. Limp emphasized the importance of refocusing Blue Origin on more frequent rocket launches following the successful launch of the New Glenn rocket. These staff reductions come at a time of significant industry changes and competitive pressures, with Blue Origin facing challenges in relation to rivals such as SpaceX.