NASA’s Jet Propulsion Lab Cutting 550 Jobs—But Not Due To Government Shutdown, Director Says

ForbesMonday, October 13, 2025 at 8:06:36 PM
NASA’s Jet Propulsion Lab Cutting 550 Jobs—But Not Due To Government Shutdown, Director Says
NASA's Jet Propulsion Lab is set to cut 550 jobs as part of a restructuring effort, according to the lab's director. This decision is significant as it reflects the challenges faced by the agency in maintaining its workforce while adapting to new priorities. The job cuts are not related to the recent government shutdown, which adds another layer of complexity to the situation. This move could impact ongoing projects and the morale of remaining employees, making it a crucial development in the space exploration community.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
SpaceX completes 11th Starship test before debuting upgraded prototype
PositiveFinancial Markets
SpaceX has successfully completed its 11th test of the Starship prototype, marking a significant milestone ahead of its upcoming debut. This achievement not only showcases the company's relentless pursuit of innovation in space travel but also highlights the potential for future missions to Mars and beyond. With each test, SpaceX is one step closer to revolutionizing space exploration, making this news particularly exciting for enthusiasts and investors alike.
Hakeem Jeffries Highlights Marjorie Taylor Greene’s ‘Surprisingly Enlightened’ Break With GOP
PositiveFinancial Markets
In a surprising turn of events, Rep. Marjorie Taylor Greene has openly criticized the GOP over the ongoing government shutdown, which has now lasted nearly two weeks. This break from party lines has caught the attention of many, including Hakeem Jeffries, who highlighted her 'surprisingly enlightened' stance. This development is significant as it reflects growing tensions within the GOP and could signal a shift in party dynamics, potentially influencing future legislative actions.
Space Economy Keeps Flying with Nasa Closed
PositiveFinancial Markets
Despite NASA's closure due to the government shutdown, the space economy is thriving, as highlighted by Ezinne Uzo-Okoro, a former NASA executive. She emphasizes that the upcoming launch of SpaceX's Starship Flight 11 signifies the industry's growing reliability as an asset class. This development is crucial as it showcases the resilience and potential of the private space sector, indicating that innovation and investment in space exploration can continue even in challenging times.
NASA's Jet Propulsion Laboratory to lay off about 550 workers
NegativeFinancial Markets
NASA's Jet Propulsion Laboratory has announced plans to lay off approximately 550 workers, a move that highlights the ongoing challenges in the aerospace sector. This decision is significant as it reflects the financial pressures faced by organizations in the industry, potentially impacting innovation and research efforts. The layoffs could affect a wide range of projects and disrupt the careers of many skilled professionals.
US Treasury chief says government shutdown is hitting economy
NegativeFinancial Markets
The US Treasury Secretary has warned that the ongoing government shutdown is negatively impacting the economy. This situation is concerning as it could lead to reduced government services and economic instability, affecting businesses and individuals alike. Understanding the implications of this shutdown is crucial for citizens and policymakers, as it highlights the interconnectedness of government operations and economic health.
New China tariffs announced during government shutdown and AI valuation debate are a ‘perfect storm coming together,’ top economist says
NegativeFinancial Markets
The recent announcement of new tariffs by China comes at a time when the government is shut down and debates around AI valuations are heating up. This combination is being described by top economists as a 'perfect storm' that could lead to increased inflation and negatively impact GDP growth. It's a critical moment that highlights the interconnectedness of global trade and domestic economic policies, making it essential for businesses and consumers to stay informed about potential economic shifts.
Trump is ‘obsessed’ with seeming pro-worker – but his actions suggest otherwise
NegativeFinancial Markets
Donald Trump's recent comments about being pro-worker seem at odds with the reality many are facing under his administration. As the government shutdown continues, sectors like agriculture are struggling, and the prospect of unpaid forced leave and mass firings looms large. This situation highlights a troubling disconnect between Trump's rhetoric and the actual conditions affecting American workers, raising concerns about the future of labor rights in the country.
Latest from Financial Markets
European Gas Falls As Ample Supplies Reassure Traders Ahead of Winter
PositiveFinancial Markets
European natural gas prices have dropped as increased LNG imports and gas flows from Norway provide reassurance to traders ahead of the winter season. This decline is significant as it reflects a stable supply situation, which can help mitigate potential energy shortages during the colder months, ultimately benefiting consumers and businesses alike.
Dutch Government Seizes Control of Chinese-Owned Chipmaker Nexperia in Unprecedented Move
PositiveFinancial Markets
In a groundbreaking decision, the Dutch government has taken control of the Chinese-owned chipmaker Nexperia, marking a significant shift in the semiconductor industry. This move is crucial as it reflects growing concerns over national security and the influence of foreign ownership in critical technology sectors. By seizing control, the Netherlands aims to safeguard its technological assets and ensure that the production of semiconductors, vital for various industries, remains secure and aligned with national interests.
U.S. China trade tensions send Aussie sliding 1%, boost safe havens
NegativeFinancial Markets
Recent trade tensions between the U.S. and China have caused the Australian dollar to slide by 1%, reflecting investor concerns about global economic stability. This decline highlights the interconnectedness of international markets and the impact of geopolitical issues on currencies. As investors seek refuge in safe havens, the situation underscores the volatility in trade relations and its potential effects on economies worldwide.
Berenberg discloses trading in Dalata Hotel Group shares
NeutralFinancial Markets
Berenberg has announced its trading activities involving shares of Dalata Hotel Group. This disclosure is significant as it reflects the investment strategies and market movements related to the hospitality sector, which can impact investor confidence and stock performance.
BP lifts production outlook, flags weaker trading into Q3 earnings; shares slip
NeutralFinancial Markets
BP has raised its production outlook, indicating a positive shift in operational performance. However, the company has also warned of weaker trading conditions as it approaches its Q3 earnings report, leading to a slight decline in its share price. This news is significant as it reflects the balancing act BP faces between increasing output and navigating challenging market conditions, which could impact investor confidence.
Oil falls as US-China trade tensions rattle nerves
NegativeFinancial Markets
Oil prices have dropped as escalating trade tensions between the US and China create uncertainty in the market. This decline is significant because it reflects broader economic concerns that could impact global growth and consumer spending. Investors are closely monitoring the situation, as any further deterioration in relations could lead to more volatility in oil prices and other commodities.