Conformis Inc., a Billerica-based company that makes knee replacement implants, announced Thursday it will lay off 10 percent of its workforce — likely around 35 employees — as it attempts to cut its outstanding debt in half.
Conformis (Nasdaq: CFMS) produces an array of custom-made knee replacement products and is in the process of launching a hip replacement system. On Thursday, Conformis said the cuts are expected to help the company pay off some of its $30 million in debt over the next three…
