- Parabolic Arc
- March 24, 2023
Planet Lays Off Dozens of Employees
Space News reports the remote-sensing company Planet has laid off up to 38 employees in what the company has called a “shift of focus” from creating the world’s largest constellation of satellites to “developing commercial products and building successful business” to “more tightly align” with its current goals. Planet said it laid off less than 10 percent of its more than 500 employees.