In May 2015, ULA stated it would go out of business unless it won commercial and civil satellite launch orders to offset an expected slump in U.S. military and spy launches. The same month, ULA announced it would lay off 12 of its executives, a reduction of 30%, in December 2015. The management layoffs were the "beginning of a major reorganization and redesign" as ULA endeavors to "slash costs and hunt out new customers to ensure continued growth despite the rise of SpaceX".