
Construction technology company ICON, who is known for its innovative 3D-printed homes, is laying off 114 people, reports TechCrunch. According to the technology publication’s Mary Ann Azevedo, an ICON spokesperson confirmed the news and provided a statement that the company had “recently made a difficult decision to re-align” and plans “to focus on our highest priorities and continue to invest in our best growth opportunities.”
It is unknown just how many employees ICON will have after the layoffs take place, which according to the letter, will occur on March 8. The Austin Business Journal reported that ICON had about 400 employees “at last count,” so a layoff of 114 people would be more than 25% of its workforce. A spokesperson for the company said only that ICON had “less than 400 employees” prior to this workforce reduction.
At the time of its last raise, the startup said it had delivered more than two dozen 3D-printed homes and structures across the U.S. and Mexico. More than half of those homes were built for the homeless or those in chronic poverty. For example, in 2020, ICON delivered 3D-printed homes in Mexico with nonprofit partner New Story. It also completed a series of homes serving the chronically homeless in Austin, Texas, with nonprofit Mobile Loaves & Fishes.
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