Impossible Foods Will Cut 20% Of Its Workforce
Plant-based meat maker Impossible Foods is poised to cut about 20% of its workforce, according to a new report coming from Bloomberg. The Bay area-based food company had offered voluntary-separation…
Trends Make The Portfolio
Plant-based meat maker Impossible Foods is poised to cut about 20% of its workforce, according to a new report coming from Bloomberg. The Bay area-based food company had offered voluntary-separation…
On Tuesday, market researcher Kantar released new data which showed that in the UK, food inflation skyrocketed to a new high of 16.7% over the four weeks of January, with…
On Monday, international candy-maker Mars announced it would no longer make use of its M&M “spokescandies” in advertising campaigns for the brand. First introduced in the 1950’s, the colorful characters…
McDonald’s has announced to employees it will cut some of its corporate staff this year as it reorganizes, according to several reports from different media outlets on Saturday, which cited…
Die Welt, citing the German Meat Industry Association (VDF), reported this week that within the next four to six months Germany will face a meat shortage, and prices will skyrocket.…
On Wednesday, Beyond Meat posted a quarterly loss beyond analyst expectations as raw material costs and rising freight expenses ate into margins. The veggie-burger maker said it expects to see…
Dine Brands (DIN) CEO John Peyton says that as the economy is passing through a difficult period, he feels customers could use a little help. To lead by example, he…
India has extended its ban on exports of sugar for an additional year until October 2023, according to a government notification. The nation is the largest sugar producer in the…
According to the IMF’s twice-yearly Regional Economic Outlook published on Friday, by the end of the current year, roughly 123 million people, or 12% of the population of sub Saharan…
Beyond Meat, maker of imitation meat, is cutting 19% of its workforce, including its embattled, nose-biting COO, in an effort to cut costs as inflation drives consumers to trade down…