Blue Origin is reportedly planning on letting go of approximately 10% of its workforce—about 1,000 employees—nearly a month after the inaugural liftoff of New Glenn. The company is hoping to focus on growth over the next few years, increasing the production and launch cadence of its new giant rocket.

In an email to employees, the company’s chief executive said the company had become bloated during its growth in recent years.

Blue Origin's New Glenn rocket on its Florida launch pad in January. (Blue Origin Photo) Jeff Bezos' Blue Origin space venture plans to cut about 10% of