Planet Lays Off Dozens of Employees
In February 2014, Planet Labs Inc. launched its first flock of Dove nanosatellites into space. Shown are two shoebox-sized Doves being ejected into low-Earth orbit from the International Space Station. The company’s goal is for the flock to take a high-resolution snapshot of nearly the entire globe every 24 hours. (Credit: NASA)
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.
