In this podcast, Sophie sits down with Nick (ADG), Michael Molitch-Hou (3DPrint.com) and Matt (3DPrint.com) to discuss investment trends in the industry and how/if the movements in the market have affected the salary landscape in additive manufacturing in 2023 - as reported in the 2023 AM Salary Survey Report from Alexander Daniels Global.
In today' discussion:
01:34 Where are we now in contrast to predications made at the start of 2023?
05:25 VC perspective on the state of the investment landscape
- Where are funds being directed?
- What challenges will companies face?
- What are some of the ways that companies are trying to navigate the macroeconomic turmoil that we have been experiencing?
11:33 Industry layoffs
- How have market conditions and investment in the industry influenced the layoffs that happened at the end of 2022?
- Were the layoffs connected to the economic uncertainty in the industry?
- Were the layoffs the right decision for the responsible companies?
- What were the effects of the layoffs on Talent?
24:50 How have the last 6-9 months affected the reputation of the industry?
- Should professionals stay in the Additive Manufacturing industry?
- As investment favors certain types of technologies, and allows companies to reshore, how will this affect the need for Talent?
32:03 How is Defense spending impacting AM and production?
- What's happening in Defense spending right now?
- How will Defense spending influence future trends of manufacturing and the move towards reshoring, green jobs and production of consumer goods?
37:30 Which industry segments are seeing the most interest from investment?
- The connection between Defense spending and inflation reduction
- Which market segments will experience a positive ripple effect of Defense spending?
- Application based businesses more likely to get investment this year?
43:04 How much do macroeconomic trends impact salary trends in AM?
- The 2023 AM Salary Survey Report salary trends explained
- Salaries in a time of inflation. What should the Talent look out for?
- How should Talent approach salary negotiation as we come out on the other side of a period of inflation?
52:44 What is the outlook for Additive Manufacturing for the rest of 2023?
You can download your copy of the 2023 AM Salary Survey Report here.