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.

  • Pete Zaitcev

    They keep doing this pivot thing. It’s far from the first wave of layoffs. Back when they did it first time – somewhere in 2014 or so – observers were concerned if they were not long for this world. But nope, they just want to use the employment style common in game development. Keep the workforce expendable and stressed, then refresh the people in cycles of culling. By now it’s pretty much obviously a strategy on their part.

  • Vladislaw

    Doug .. can you find out what kind of job titles were laid off? paper pushers? sat developers, designers builders?