MakerBot, the 3D printing company based off Brooklyn just kicked off 20 percent of it’s staffs as a part of restructuring the company after it become a subsidiary of 3D printing giant Stratasys in 2013.
20 percent of its staff would equate to roughly 100 employees. The new CEO Jonathan Jaglom signed the order for the cut down.
“It’s about 20 percent of staff,” a MakerBot representative, who asked not to be identified because she had not received approval to speak to the press, told Motherboard. “Everyone suspected that something would be coming with the new CEO, and that there would be restructuring coming.”
Employees are apparently being led out of the company’s Brooklyn office by security today, according to an anonymous Reddit post. Well that is harsh.
MakerBot has confirmed the layoffs in its website and also announced that it will be closing all three of its retail stores.
“Today, we at MakerBot are re-organizing our business in order to focus on what matters most to our customers. As part of this, we have implemented expense reductions, downsized our staff and closed our three MakerBot retail locations.
With these changes, we will focus our efforts on improving and iterating our products, growing our 3D ecosystem, shifting our retail focus to our national partners and expanding our efforts in the professional and education markets.”