Stratasys reduces global workforce by approximately 10% in what the 3D printing company describes as a "strategic plan to accelerate growth with a leaner operating model."
The Dutch metal 3D printing company has announced it has secured an additional 14 million Euros in investment from current shareholder Highlands Beheer.
Taking over from Vyomesh Joshi, who announced his retirement back in February, the manufacturing veteran brings 17 years of CEO experience to the 3D printing company.
Assistant Editor Sam Davies takes a look at the increasing prevalence of subscription models for additive manufacturing hardware, with insights from Jabil, Origin, 3D Systems, 9T Labs, Tri-Tech 3D and Byrnes Dental.