Desktop metal intensifies cost reduction plan and ongoing strategic business review to accelerate path to profitability

Boston--(business wire)-- #3dprinting--desktop metal, inc. (nyse: dm), a global leader in additive manufacturing 2.0 technologies for mass production, today announced an additional $50 million cost-reduction plan that includes a 20% workforce reduction designed to align its cost structure to current market dynamics. the effort is part of a broader strategic business review and other actions, including continued consolidation of facilities and product rationalization, aimed at accelerating dm's path to profit.
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