Blue Origin announced plans to lay off about 10% of its workforce — or more than 1,000 employees — nearly a month after the company debuted its first orbital rocket.

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

Jeff Bezos’s Blue Origin rocket company plans to lay off 10 percent of its workforce as it seeks to revamp its operations to better compete with Elon Musk’s SpaceX.