Impossible Foods said it would make 6% of its staff at the company’s circular time of layoffs so far this year.
Bay Area food company Impossible Foods announced new layoffs this week.
A pioneer in plant-based meat, it will lay down 6% of its workforce, or about 50 workers, as it seeks layoffs and positions “that are no longer aligned with our core business priorities,” Chief Executive Peter McGuinness wrote. memo, according to Food Navigator.
Based in Redwood City, this is the latest layoff circular for the food tech company this year after another 15 people left in January.
“Earlier this week, we made proactive organizational adjustments to our business and identified a transparent source and called to position ourselves in our next phase of expansion. As a result, some positions were eliminated, but we continue to actively recruit for key positions. “positions that will enable our continued growth,” an Impossible Foods spokesperson wrote to SFGATE in an email.
Pat Brown founded Impossible Foods in 2011, but the former CEO stepped down in April and announced plans to lead a new research division of the company last month. have been detained due to the economic slowdown. McGuinness told Food Navigator that the product “consistently ranked best in class, but awareness remains low. “
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In late 2021, Impossible Foods opened a ghost kitchen in Oakland called “The Impossible Shop,” which offers a variety of ready-to-deliver fake meat products. There’s now a distribution center in SoMa, though the party didn’t impress SFGATE’s Madeline Wells.
Impossible Foods has 870 employees, according to LinkedIn, 538 in the Bay Area.