Teradyne Robotics lays off another 14% of workforce

Teradyne Robotics, owner of collaborative robot maker Universal Robots (UR) and autonomous mobile robot developer Mobile Industrial Robots (MiR), has laid off approximately 14% of its global workforce, following a 10% reduction about nine months earlier. The layoffs reflect slower-than-expected revenue growth amid a cooling global automation market, particularly in Europe due to geopolitical uncertainties like the war in Ukraine. Prior to these cuts, Teradyne Robotics employed over 1,400 people worldwide, with reductions affecting teams across its global operations. The company framed the decision as a strategic move to improve long-term sustainability, operational efficiency, and to better align costs with current market realities. Despite these challenges, Teradyne Robotics remains committed to its customers and plans to adjust its product roadmap with a stronger focus on artificial intelligence (AI). The company sees AI as a transformational factor in robotics, aiming to position UR cobots as the preferred AI-driven workcell platform and enhance AMR performance through AI features. AI-related