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Desktop Metal boosts productivity by updating cost-cutting plans for 2023

Industrial 3D printer manufacturer Desktop Metal has announced an additional $50 million cost-cutting plan for 2023, which will prioritize operations and investments based on near-term revenue generation, establishing the firm to meet its long-term financial objectives. Four facilities will close, and Desktop Metal will reduce its workforce by approximately 15%.  A critical component of the […]

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Author: Ada Shaikhnag