<div>
  <ul>
    <li>
      <p>
        VR surgical training platform Osso VR announced plans to lay off 67 staff members amidst corporate restructuring efforts.
      </p>
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      <p>
        The company plans to complete the layoffs by May 27, which will particularly affect art and illustration employees (30). Osso VR stated that it sought to optimize its product offering and reinforce its commitment to its partners.&nbsp;
      </p>
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      <p>
        <b>Analyst QuickTake:</b>
         The layoffs are significant, as Osso VR has 
        <a href="https://www.linkedin.com/company/osso-vr/about/">
          employed
        </a>
         51&ndash;200 individuals. Additionally, the news follows the 
        <a href="https://www.ossovr.com/press-releases/greg-born-as-ceo-to-lead-immersive-procedural-training-space-growth">
          appointment
        </a>
         of Greg Born as CEO in February 2024, focused on driving product expansion efforts. Further, the company 
        <a href="https://sp-edge.com/updates/25714">
          introduced
        </a>
         five new VR training modules in January 2024 in a bid to expand its customer base.&nbsp;
      </p>
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  <p>
    <a href="https://www.medtechdive.com/news/osso-vr-lay-off-67-people-san-francisco/711814/">
      MedTechDive
    </a>
  </p>
</div>


Extended Reality

ANALYST_QUICK_TAKE

<div>
 <p>Osso VR, a Virtual Reality surgical training platform, has announced a corporate restructuring plan which includes the layoff of 67 of its staff members. </p>
 <p>The expected completion date for these layoffs is May 27, with a significant impact on employees from the art and illustration departments, who will take 30 of the proposed layoffs. The company expressed that these actions were necessary to optimize their product offerings and solidify their commitment to their partners. </p>
</div> <p><b>Analyst QuickTake:<br>
</b> The layoffs are significant, as Osso VR has <a href="https:<br>
//www.linkedin.com/company/osso-vr/about/"> employed </a> 51–200 individuals. Additionally, the news follows the <a href="https:<br>
//www.ossovr.com/press-releases/greg-born-as-ceo-to-lead-immersive-procedural-training-space-growth"> appointment </a> of Greg Born as CEO in February 2024, focused on driving product expansion efforts. Further, the company <a href="https:<br>
//sp-edge.com/updates/25714"> introduced </a> five new VR training modules in January 2024 in a bid to expand its customer base.&nbsp;</p>

VR surgical training platform Osso VR to lay off 67 employees amid corporate restructuring

PROMINENT_CATEGORY

<div>
 <p>Virtual reality training platform, Osso VR, has expanded its medical courses to comprise orthopedic surgery specialities. These includes five new modules: arthroscopy, supracondylar humerus fractures, carpal tunnel, bi-malleolar ankle fractures, and femoral neck fractures. An additional feature, “Illustrative View”, is included in the diagnostic knee arthroscopy model, giving insights on a user's performance.</p>
</div>

All Updates

VR surgical training platform Osso VR to lay off 67 employees amid corporate restructuring

Osso VR expands medical training library to include orthopedic surgery specialities

Osso VR raises USD 66 million in Series C funding