Jeff Bezos shakes up Blue Origin staff incentives ahead of SpaceX IPO, FT reports


May 5 (Reuters) – Jeff Bezos’s space venture Blue ‌Origin has outlined ‌a new stock plan for ​employees in its bid to quell staff unrest and make the incentives ‌more ⁠competitive with its rival, SpaceX, the Financial ⁠Times reported on Wednesday, citing three people ​familiar with ​the ​matter.

The rocket ‌maker briefed staff last week on a revamped incentive scheme following widespread anger over its previous ‌plan, the ​report said.

Options under ​the ​earlier plan started ‌to expire this ​year ​without any payout to employees, according to ​the ‌FT.

(Reporting by Akanksha Khushi ​in Bengaluru; Editing by ​Mrigank Dhaniwala)



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