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‘Burning through cash,’ Boston Dynamics lays off 45 employees
The layoffs represent five percent of the total workforce at the Waltham-based robotics firm.
Business A Boston Dynamics robotic dog waits backstage at UMass Lowell Chancellor Julie Chen’s Inauguration in April 2023. Robert Playter, the company’s chief executive, told employees in a note obtained by The Globe that the decision to move forward with layoffs was “not made lightly.” “Our long-term outlook remains positive: Spot continues scaling steadily with industrial and government customers, Stretch is proving its value with logistics and retail players, and our R&D work on Atlas is progressing at an encouraging pace,” he said, according to the newspaper.
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