Jeff Bezos’ “Turmoil” at Blue Origin: report

There are problems at Blue Origin, according to a new report claiming that Jeff Bezos’ aerospace company is experiencing a “brain drain,” allegedly due in part to the actions of CEO Bob Smith.

The allegations came the day after a group of former Blue Origin employees wrote an open-ended essay slamming what they called a “toxic” culture at the company.

Photo credit: Getty Images / Blue Origin (Getty Images / Blue Origin)

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Attrition at Blue Origin has exceeded 20% this year, with many blaming Smith’s efforts to get all of the company’s employees back to the office, several people familiar with the situation told CNBC.

But Blue Origin rejected the claims, a spokesperson telling the store that attrition “has never exceeded 12.7%” on an annualized rate. The spokesperson also dropped claims that something unusual was happening at cmpany.

“We are seeing attrition rates comparable to those reported by other companies in what many are calling ‘the big resignation’,” the spokesperson said.

A letter published Thursday by 21 former Blue Origin employees claimed that the workplace culture at Blue Origin has “taken a toll on the mental health of many people who make Blue Origin’s operations possible.”

The first human crew on a Blue Origin flight carries the Explorer’s Club flag (AP press room)

The memo said some employees were “terrified of the potential consequences of speaking out against the richest man on the planet” and that others “experienced periods of suicidal thoughts after manipulating their passion for it. space in such a toxic environment “.

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In response to the letter, a spokesperson for Blue Origin told FOX Business: “We provide numerous opportunities for employees, including an anonymous 24/7 hotline, and we will promptly investigate any new complaints for malpractice”.