Desktop Metal Layoffs

Desktop Metal has announced that, among other cost optimization measures, it will be reducing its global workforce by approximately 12%. These layoffs from Desktop Metal are a result of a need to cut costs after a number of acquisitions the previous year.Jun 15, 2022

Recent News and Discussions About Desktop Metal Layoffs

Desktop Metal to lay off 12% of staff and consolidate facilities …

https://www.tctmagazine.com/additive-manufacturing-3d-printing-news/latest-additive-manufacturing-3d-printing-news/desktop-metal-to-lay-off-12-of-staff-and-consolidate-facilit/

Desktop Metal to lay off 12% of staff and consolidate facilities ...
Jun 13, 2022 — Desktop Metal has announced workforce reductions of 12% and a consolidation of its global facilities footprint to ‘simplify its operational …


Desktop Metal to lay off 12% of staff – 3D Printing Industry

Desktop Metal to lay off 12% of staff

Jun 14, 2022 — As part of the initiative, the company is planning to lay off around 12% of its global workforce, citing productivity gains as a result of the …


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

https://3dprint.com/292005/desktop-metal-to-lay-off-12-of-workforce-consolidate-operations/

Jun 14, 2022 — Massachusetts-based additive manufacturing (AM) startup, Desktop Metal , announced on Monday, June 13, that the company will lay off 12% of …


Desktop Metal to lay off 160 staff, WSJ reports

https://www.3dprintingmedia.network/desktop-metal-to-lay-off-160-staff-wsj-reports/

Jun 14, 2022 — Desktop Metal to lay off 160 staff, which is about 12% of its current workforce, as it seeks to control costs after a string of …


Desktop Metal to Lay Off About 12% of Workforce – MarketWatch

https://www.marketwatch.com/story/desktop-metal-to-lay-off-about-12-of-workforce-271655121739

Jun 13, 2022 — Desktop Metal Inc. said it is reducing its workforce by about 12% and consolidating facilities as it seeks to control costs after a string …


Desktop Metal To Lay Off 12% Of Its Workforce – Manufactur3D

Desktop Metal to lay off 12% of its workforce

Jun 16, 2022 — Desktop Metal Inc. announced that it will lay off 12% of its workforce and focus on global facility consolidation in order to cut costs.


Desktop Metal to cut 12% of global workforce

https://www.bizjournals.com/boston/news/2022/06/13/desktop-metal-to-cut-12-of-global-workforce.html

Jun 13, 2022 — Ric Fulop, CEO of Desktop Metal , said his company demonstrated significant growth in 2021 … Ric Fulop, CEO of Desktop Metal , said his company …


Desktop Metal (@DesktopMetal) · Twitter

https://twitter.com/DesktopMetal?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor


Desktop Metal lays off 12% of employees worldwide – 3DPC

Desktop Metal lays off 12% of employees worldwide

Jun 14, 2022 — Savings are expected to reach at least $ 100 million over the next two years. Employees in the US are informed about how the layoffs will affect …


46 Desktop Metal Reviews – Glassdoor

https://www.glassdoor.com/Reviews/Desktop-Metal-Reviews-E1668141.htm

Jun 28, 2022 — Also, when they have a layoff .. they do not do it in person, they do it via email…… Continue reading. 4 people found this review helpful.


Frequently Asked Questions

Is desktop metal a good company?

Desktop Metal’s top-line result is quite compelling, as the company generated $43.7 million in Q1 2022, representing eye-opening growth of 286% from 2021’s first quarter. Furthermore, Desktop Metal reported having $206.5 million worth of cash, cash equivalents, and short-term investments of as of March 31, 2022.

Who invested in desktop metal?

The Ford Motor Company joins a portfolio of strategic partners and investors, including New Enterprise Associates (NEA), Future Fund, GV (formerly Google Ventures), GE Ventures, BMW iVentures, Techtronic Industries (TTI), Lowe’s, Lux Capital, Vertex Ventures, Moonrise Venture Partners, DCVC Opportunity, Tyche, Kleiner …

Who are desktop metal competitors?

Desktop Metal’s competitors

Desktop Metal’s top competitors include Fast Radius, GoEngineer, Incodema3D, Velo3D and Additive Industries. Desktop Metal is a company that designs and manufactures metal and carbon fiber 3D printing solutions.

What kind of company is desktop metal?

public American technology company

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