---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-000624"
form_type: "8-K"
ticker: "MYO"
cik: "0001369290"
company_name: "MYOMO, INC."
filed_at: "2023-01-10T23:59:59+00:00"
generated_at: "2026-06-20T17:01:33.188966+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Myomo reduces workforce by 12% to cut annual expenses by $2M

## Summary
- Workforce reduction of 12%, primarily affecting call center and administrative staff.
- Expected annual savings of over $2 million from this and other cost reduction actions.
- Company aims to improve operating efficiency in direct billing channel and extend cash runway.
- CEO cites need to improve operating leverage while pursuing Medicare Part B coverage for MyoPro.

## SEC filing metadata
- accession: 0000950170-23-000624
- form_type: 8-K
- ticker: MYO
- cik: 0001369290
- company_name: MYOMO, INC.
- filed_at: 2023-01-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1369290/000095017023000624/0000950170-23-000624-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1369290/000095017023000624/myo-20230110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-000624
- JSON: https://secwatch.observer/filing/0000950170-23-000624.json
- Plain text: https://secwatch.observer/filing/0000950170-23-000624.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.