UPDATED 7:57 AM PT — Wednesday, January 16, 2018
A Seattle-based NASA contractor is forced to lay off nearly 20-percent of his staff amid the partial government shutdown.
Tethers Unlimited CEO Robert Hoyt reportedly laid off 12 engineers after the government failed to pay the company one million dollars for work completed last year.
Hoyt said the lack of funding has also stopped him from being able to lease a bigger office, because federal employees are being furloughed, so the company is unable to process invoices.
“It’s it’s a big shock to the system, it’s painful for the employees we had to let go, you know, painful for us,” said Hoyt. “It’s really not easy to make those kind of kind of decisions, you know, but what we’ve got to do to keep the company viable through that through these kind of manufactured crises.”
Tethers Unlimited has contracts with NASA and the Department of Defense, and focuses on nanosatellites and in-space manufacturing.