Moog Music Inc, one of the world’s most famous and successful synthesiser manufacturers, has reportedly cut the workforce at its US manufacturing facility by “more than half” following an acquisition by inMusic, announced in June.
According to Asheville-Citizen-Times, a local newspaper where Moog’s US HQ is based, the exact number of job cuts isn’t clear but most have come from “production positions”.
The reported layoffs have come just three months after Moog was acquired by inMusic, the music tech conglomerate who also own Akai, Numark, Denon DJ, Alesis, M-Audio and more. Most of the instruments will now be manufactured in Taiwan, according to Asheville-Citizen-Times' report.
In its report, Synth Anatomy referenced social media posts from former Moog employees about the layoffs.
In the original statement announcing the acquisition, Moog Music president Joe Richardson said it was a “new chapter of innovation and collaboration”. Read that statement here.