SpaceX to lay off 10% of Workforce
When you lay people off en-mass, that's a Management Error.  I'm surprised nobody here has yet mentioned this fact yet.Laying off (firing) individuals; or, if a change in strategic direction, laying off entire groups -- that's business.But 'doing a Jack Welsh' -- that's Poor Management.  I can only imagine that Bezos and Branson and ULA will be able to pick up some great employees.And as for 'cutting the low performers' -- in my many years in industry, I've only seen this happen once.  Every other person was 'let go' due to 'political' reasons.My major point: This move signifies a colossal management fail.  I'm looking at you, Elon.