Blue Origin is reducing its workforce by 10%, affecting about 1,400 employees, to streamline operations and focus resources on the New Glenn rocket. CEO Dave Limp highlighted the need for a more efficient structure to boost launch capabilities and manage growth. The layoffs target positions primarily in engineering, R&D, and program management, aiming to enhance the company's competitiveness against firms like SpaceX. While some employees express concerns about morale, Limp remains optimistic about future opportunities and investments.