Velo3D Restructuring After Customer Dissatisfaction

Credit: Velo3D
Additive manufacturing startup Velo3D is restructuring, including cutting 20% of its workforce, after trying to grow too fast at the expense of customer satisfaction, profitability and free cash flow, the company said Nov. 6. The California startup, which went public two years ago as part of a wave...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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