Astra Space slashes 25% of workforce, delays debut of new rocket (NASDAQ:ASTR)

Satellite And Sunrise In Space


Satellite And Sunrise In Space

BlackJack3D/E+ via Getty Images

Astra Space (NASDAQ:ASTR) -4% post-market Friday after saying it expects to delay test launches and paid commercial launches of its next-generation rocket after reducing its workforce by 25% since the beginning of the quarter, including cutting ~70 employees on August 4.

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