MakerBot reportedly lays off 20% of its employees and closes three stores

By John Callaham on 18 Apr 2015 03:21 pm

The prosumer 3D printer company MakerBot has reportedly laid off 20% of its employees. The company itself has confirmed it has let some of its workers go and also announced it had closed three of its retail stores.

The layoffs were first reported by Motherboard and added that MakerBot had about 500 employees in 2014, which means as many as 100 of them may now be looking for work. MakerBot was acquired by another 3D printing company, Stratasys, in 2013 and this week's layoffs are reportedly an effort to streamline the company and cut out duplicate positions.

After the rumors of layoffs were posted on the Internet, MaketBot posted its own blog post late on Friday confirming the cuts, but did not offer any specifics on the number of employees that were affected. It stated:

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.

Source: Motherboard; Makerbot

Related: Makerbot News

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Reader comments

MakerBot reportedly lays off 20% of its employees and closes three stores


I figured this would have to happen when MakerBot changed C positions. 3D printing is still too new to have one company support it on its own, backing off on retail was expected.

Looked at buying one of their "home" printers, but there are just too many unaddressed problems with them. Especially with the print heads. Ended up getting a PrintrBot kit instead. Has been a great learning machine.

With the prices of entry level machines dropping under $1-k and radical changes in the technology, I would expect a lot of business plan reevaluation to be in the works by everyone. With luck the layed-off employees will put together some good creative competion in the field.