Vicarious Surgical Calls Layoffs a ‘Calculated Risk’

Vicarious Surgical Calls Layoffs a ‘Calculated Risk’

Source: 
Medical Devices and Diagnostics Industry
snippet: 

Vicarious Surgical is taking what management calls a "calculated risk" by trimming 14% of its workforce in addition to other spending cuts.

The news comes just a couple months after Vicarious unveiled a finalized Beta 2 version of its surgical robotics system in December. The Waltham, MA-based company is currently working on a version 1.0 of the system, which involves some design changes to the system arms, patient cart docking, and the approach to access. Vicarious expects to finalize this version of the system in the first half of 2023.