Formlabs’ Ruthless Cost-Cutting Spree: The Dark Side of a "Successful" 3D Printing Firm
In a shocking turn of events, Formlabs, the Massachusetts-based 3D printing company, has been quietly laying off employees for months, with the latest wave hitting just weeks ago. The company claims it’s a "small number" of employees, allegedly fewer than 40 out of a total workforce of around 750. But insiders are telling a different story.
"We’re Not Just Losing Jobs, We’re Losing Lives"
A former employee, who wished to remain anonymous, spoke out about the devastating impact of the layoffs on employees. "It’s like Formlabs is trying to crush our souls," they said. "We’re not just losing our jobs, we’re losing our purpose. The company is all about growth and innovation, but what about our growth and innovation as individuals?"
The Real Reason Behind the Layoffs: Efficiency Goals, Schmefficiency Goals
A company spokesperson claimed that the layoffs are a result of a routine review to ensure "roles best support customers and deliver great products." But sources close to the matter say it’s all about slashing costs and streamlining operations to squeeze out more profits. "It’s about maximizing shareholder value, not delivering great products," said a current employee.
Formlabs’ Dubious Record on Employee Treatment
This isn’t the first time Formlabs has faced criticism for its handling of employees. In 2023, the company was accused of pushing workers to their limits, with some reportedly working 12-hour shifts without overtime pay. The company responded by saying it was "committed to the well-being of its employees." How’s that working out for you, Formlabs?
The Grim Reality of the 3D Printing Industry
The 3D printing market is notorious for its cutthroat tactics and lack of transparency. Companies are constantly struggling to stay afloat, and workers are often the ones who suffer. Formlabs is just the latest example of a company willing to sacrifice its employees for the sake of growth and profits.
The Question Remains: What’s Next for Formlabs?
As the company continues to grow and expand into new markets, will its treatment of employees improve, or will it continue to prioritize profits over people? Only time will tell. For now, the 3D printing industry is left to wonder: Is Formlabs’ success built on the backs of its employees, or is it a true leader in innovation and compassion?
