The CEO of Jeff Bezos' Blue Origin announced in an all-hands call on Thursday company-wide layoffs of "about 10 percent" of its employees, a sweeping readjustment as it aims to cut costs and ramp up rocket launches.

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’ space company Blue Origin LLC is cutting about 10% of its workforce, a significant pullback aimed at slashing costs and refocusing resources