Aleph Objects will continue to manufacture and sell LulzBot Mini 2, Workhorse and Pro series printers
Aleph Objects, the Colorado-based 3D printing company behind the popular LulzBot 3D printer line, has announced it has reduced its workforce and is “streamlining operations”.
As of close of play last Friday, the company confirmed in an email statement it had laid of a number of staff but is continuing to support machine sales and existing warranties.
The announcement said:
Aleph Objects Inc. has reduced its staff as of today. Please be assured we will continue to manufacture and sell the LulzBot Mini 2, Workhorse and Pro series of printers and will continue to service the equipment as we are negotiating new ownership opportunities. All warranties will continue to be honored and the standard one year warranty will be included with all new printer purchases.
According to reports by Loveland Reporter-Herald, Aleph Objects laid off 91 of its 113 employees due to cash flow problems.
Rumours had begun to spread last week across social media channels with posts regarding the desktop 3D printing company's potential closure, however Aleph Objects has assured customers it is to continue operations. The news also arrived just days after the company had intended to officially announce its new LulzBot Bio 3D printer but the launch was temporarily delayed.
Aleph Objects has a near decade-long history of manufacturing open source, polymer extrusion-based systems and back in 2016 was named on Inc.’s prestigious Inc. 500 list as the fastest growing computer hardware company in the U.S. This year alone the company has launched two new machines including the industrial-grade LulzBot TAZ Pro and next-generation TAZ Workforce, and also opened its first European headquarters in Rotterdam, Netherlands.
Aleph Objects founder Jeff Moe has since confirmed to TCT that there are now 22 staff remaining at the company and cited cash flow as the reason behind the lay offs. Moe said employees were made aware of the decision last Wednesday afternoon.
