Carbon is laying off staff

Carbon – one of the most innovative and highest-valued companies in the 3D printing industry is laying off workers. As reported by the 3DPrint.com portal, less than two weeks ago, the company’s employees were notified of a reduction in employment in all company’s branches around the world. Many experienced Carbon employees have started publishing information about looking for a new job on LinkedIn – including salespeople, channel sales director, and sales development representatives.

Carbon officially introduced the world of its ultra-fast 3D printing technology from light-curing resins in 2015, becoming a global sensation in the segment of new technologies. The combination of high throughput and engineering quality materials has resulted in large investors and close partnerships with companies such as Adidas, who use the company’s 3D printers to produce the soles of their shoes.

Nevertheless, the current 3D printing market is quite saturated with companies using similar technological solutions – 3D Systems, EnvisionTEC, NEXA and a number of other companies offer equally high-performance 3D printing systems and the same good materials. However, the company obtained further funds for development and in 2019 obtained the status of a double unicorn. By December 2021, it had obtained a total of USD 683.4 million in investments. Nevertheless, it still remains a private company and has not made its debut on the stock exchange.

3DPrint.com analyst Matt Kremenetsky commented on the information about the redundancies with the words – “either the layoffs are a sign that the company is in financial difficulties, or they are a precautionary measure that the company is taking in the hope of avoiding financial problems in the future. In fact, of course, the layoffs are likely in most cases a combination of the two: the company begins to struggle with financial management, and this prevents the problem from exacerbating by cutting costs, which unfortunately usually ends up with the most negative impact on staff. “

Source: www.3dprint.com