LayoffsOct 20, 2023
MassMutualCarFan
Align Technology layoffs hit Morrisville hub as $3B company trims global workforce
Layoffs before earnings so stocks go up?? They were hyped as one of companies that didn’t do layoffs only couple months ago. https://www.bizjournals.com/triangle/news/2023/10/20/align-technology-layoffs-algn-invisalign-dental.amp.html
People spending less on their teeth. Either buy food or spend 4K making your teeth look beautiful
Paywall. Did this company compete with Smile Direct? Also, I don’t see anything in NC Warn posted.
They do digital scanners for dentists along with clear aligners. So they probably trying to capture orthodontic ecosystem where as smile direct was just going after one piece of it. Yea not finding much information on layoffs.
Yes. There was a layoff
The stock crashed over 20% after miss
Have to wonder about an economic system and stock market that rewards layoffs instead of hiring.