Karl Storz will lay off 108 employees at the headquarters of its Asensus Surgical robotics subsidiary in Morrisville, North Carolina, according to a Worker Adjustment and Retraining Notification notice filed with the state on June 16.
The cuts are the result of an organizational realignment and business conditions that necessitate a workforce reduction, the German medtech company said in its letter.
The layoffs, expected to start on Aug. 15 and continue over six months, come as the company plans to end development of Asensus’ standalone robotics platform…