California-based space start-up Vast has reduced its workforce by 46 employees, representing approximately 4% of its staff. This decision follows a significant $500 million funding round secured by the company. A company spokesperson stated the layoffs were performance-related and occurred during the mid-year review. Despite these cuts, Vast is actively recruiting for numerous other roles. The company remains committed to its ambitious space station projects.
San Francisco, California
https://www.newsbytesapp.com/news/business/space-station-start-up-vast-lays-off-46-employees/story