ICON Announces 25% Workforce Reduction Amid Strategic Shift

ICON Announces 25% Workforce Reduction Amid Strategic Shift
ICON Technologies, a leader in 3D-printed homes, is laying off 114 employees, approximately 25% of its workforce, to realign its priorities and focus on growth opportunities. The layoffs will take effect on March 8, following a WARN letter filed in Texas. Despite this reduction, ICON aims to accelerate the development of its multi-story 3D printers and enhance robotic technology for builders. Founded in 2017, the company has raised over $450 million and delivered numerous affordable housing solutions across the U.S. and Mexico, primarily for the homeless.