Ortho community, I need your help to make sense of this paradox.
There is a financial trend going on that defies all logic. Public orthopedic companies, despite reporting record-breaking revenue growth, are ruthlessly laying off employees in staggering numbers.
How can this be happening simultaneously?
Let's examine the jaw-dropping Q1 2023 growth numbers (Q/Q gross sales figures):
54% growth - Alphatec Spine
45% growth - Treace Medical Concepts
26% growth - Paragon 28
38% growth - Xtant
25% growth - OrthoPediatrics
22% growth - Centinel Spine
20% growth - Globus Medical
17% growth - Con...