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.

Jeff Bezos' aerospace company, Blue Origin, is laying off about 1,000 workers, according to media reports. Blue Origin CEO Dave Limp announced the cuts in an internal email to employees, which was obtained by CNN and The New York Times, among other outlets.

The Jeff Bezos-owned space company Blue Origin has announced plans to lay off around 10 percent of its workforce. The company currently has more than 10,000 workers, according to Bloomberg, meaning the layoffs could affect around 1,000 employees.