This week, Blue Origin announced a 10% reduction in its workforce as it strives to reach financial stability. The layoffs reflect broader unease in the space sector regarding potential budget cuts from the Trump administration, particularly affecting NASA and other federal agencies. While deep cuts may be anticipated, NASA is expected to fare better than other parts of the government. The initial budget request is set to be revealed in March.
In contrast, Spain-based PLD Space is thriving, boasting over 300 employees as it gears up for an orbital launch attempt. The company is hiring 15 new staff members monthly for its Miura 5 rocket project, with hopes to debut in 2026. As the race for space intensifies, PLD Space is positioning itself as a strong contender in the European launch market.