Posted on 10/14/2022 2:16:01 PM PDT by nickcarraway
Beyond Meat is cutting its workforce by 200 employees, and its chief operating officer is leaving the company, according to an SEC filing Friday.
For the second time this year, the plant-based meat company is cutting its workforce again, this time by almost 20%. According to Bloomberg, the company has to lower expenses as inflation forces consumers to consider less-expensive protein options.
In August, the company cut its workforce by 4%, citing “broader economic uncertainty,” according to CNBC.
Top exec steps down Beyond Meat Chief Operating Officer Doug Ramsey will leave the company on Friday following his recent arrest in September, according to Friday’s filing.
Ramsey was arrested last month following an incident after an Arkansas football game, according to KNWA.
According to a police report obtained by The Associated Press, Ramsey became angry with another driver near a parking garage. Police said that Ramsey got out of the car and punched the rear windshield of the other driver’s car. The alleged victim said when he got out of the vehicle, Ramsey began punching him and then bit the top of his nose, ripping the flesh, the AP reported.
According to online records, he was later charged with terroristic threatening and third-degree battery.
Ramsey had previously worked for Tyson Foods and McDonald’s before joining the company in December, CNBC reported.
Jonathan Nelson, who was already overseeing Ramsey’s role following his suspension, will take over the position, according to CNN.
Rebrand: Beneath Meat
bean burgers aint movin?
“...the plant-based meat company...”
Oxymoron.
Similar is “Soy Milk”. Soy plants don’t have mammary glands and nipples.
Soylent Green is People..just sayin’.
Everybody went beyond Beyond Meat.
Looks like he’s Beyond Employment
Tofu burgers didn’t do well except with airhead girls who pretended they like vegetables.
Same with almond milk. Everybody should know nuts don't give milk.
wild guess here but maybe yer plant based meat sucks.
artificial chemical meat sounds yummy
My world is a lie...
plant based meat is a cow
i actually like tofu
deep fried in lard
yum
I don’t need to eat greens because my food eats greens.
Those guys are morons
I called on them to sell coffee and all they had was attitude
Never called on them again
Their offspring will be something close to Elephant Man and Jeffery Dahmer in a bad mood. His brother is frantically trying to deliver on Fauci-Lettuce, a mRNA food based delivery method to hold a throttle on human population growth.
Man, it ain’t fair. Spend your entire life as a peaceful vegan, promote it, sell it, and then you bite one guy’s nose off and people start calling you a psycho or something.
There’s movement, but not the kind they intENDed.
It’s not meat.
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