3D printing company layoffs

3D Printing Financials: Shapeways Faces Challenges Despite Revenue Uptick

Shapeways (Nasdaq: SHPW.Q) faced a challenging year in 2023, with financial results showing a mix of growth and setbacks. While the company saw an increase in revenue and gross profit,…

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Workforce Adjustments at Formlabs: Less than 2% of Employees Impacted

In an era where workforce adjustments and corporate restructuring have become more frequent, especially in light of challenges posed by the pandemic, the nuances of each situation are essential. Formlabs,…

Another Blow to the 3D Printing Sector: Layoffs at Essentium

Texas-based firm Essentium faces a new round of layoffs, reflecting the latest in a series of staff reductions throughout the 3D printing industry. According to an anonymous source, the company…

Navigating Change: AMT’s Restructuring, Challenges and Layoffs

In the wake of a worldwide economic downturn and declining 3D printer sales, AMT (Additive Manufacturing Technologies), based in Sheffield, UK, has announced an extensive strategic business restructuring. This initiative…

Layoffs at Beehive Industries: A Reflection of the Larger Manufacturing Sector

In recent developments, Beehive Industries, formerly known as Falconwing Technologies, has seen an abrupt reduction in its workforce. As confirmed by an insider who chose to remain anonymous, the company…

Layoffs Continue with 3D Printing Double Unicorn Carbon

Amid the continued recession, 3D printing companies are continuing a trend of layoffs. In addition to the likes of  Desktop Metal, Fast Radius, and Nexa3D, Xerox has essentially eliminated its Elem Additive…

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3D Printer OEM Nexa3D Lays off Staff Amid Economic Downturn

In an economic downturn, it’s not surprising to see businesses scale down their workforce, despite the potential for saving staff at the expense of management pay. In fact, more than…

3D Printing News Briefs, July 21, 2022: Layoffs, Heat Exchangers, & More

In today’s 3D Printing News Briefs, starting with business, manufacturing company Fast Radius recently cut 20% of its workforce. Then, Xometry has introduced new digital sourcing tools and more. A…

Desktop Metal to Lay Off 12% of Workforce & Consolidate Operations

Massachusetts-based additive manufacturing (AM) startup, Desktop Metal, announced on Monday, June 13, that the company will lay off 12% of its employees. This comes alongside a general consolidation of its…

Another Year, Another CEO, Another Round of MakerBot Layoffs

What started as a beloved open-source wooden box that could 3D print on the desktop has become so much more as MakerBot and the 3D printing industry have matured. With…

Autodesk Announces New Restructuring Plan That Will See a 10% Workforce Reduction

Northern California-based software developer Autodesk has announced that they are going forward with a broad restructuring plan that will see their workforce reduced by 10%. The staff reduction will result in…

SOLS, 3D Printed Orthotics Company, Lays Off 20% of Workforce

While most business owners will heartily agree that their companies are only as good as their employees, sometimes they are forced to make changes due to a wide range of financial…