Teradyne’s robotics division has laid off approximately 10% of its global workforce, citing ongoing economic uncertainty affecting the robotics industry, says US based Robot Report. Teradyne owns both Universal Robots (UR) and Mobile Industrial Robots (MiR), specializing in collaborative robot arms and autonomous mobile robots, respectively.
While the exact number of affected employees was not disclosed, Teradyne’s website states that the robotics group employs over 1,400 people worldwide. The workforce reduction includes a 6% cut in Denmark, where both UR and MiR are headquartered. Ujjwal Kumar, president of Teradyne Robotics, mentions several factors, including a post-pandemic slowdown in capital investment, global conflicts affecting trade and labor, and heightened uncertainty among manufacturers.
In the fourth-quarter of 2024 the robotics segment generated $98 million in revenue for the quarter, contributing to the company’s total revenue of $753 million, a 12% increase compared to the same period in 2023. While Teradyne’s overall growth was driven largely by demand in its semiconductor test segment, the company signaled a renewed focus on optimizing its robotics operations in 2025.
“We plan to strategically realign our robotics business to enhance customer experience and drive operational efficiency,” said Greg Smith, CEO of Teradyne. “Over the mid-term, we expect this realignment will support our growth and profitability objectives.”
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