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.
Marketing, publicity, name testing, packaging -
Only problem is - the dogs don't like it.
“...as inflation forces consumers to consider less-expensive protein options.”
Bwaa-Haaa-Haa! Brandon and crew are destroying their, ‘Sacred Cow’ of fake meat.
Delicious! :)
Target is pushing this plant-based meat craze.
Just wanted some beef and chicken burritos and everything was veggie.
Kroger was better.
A dog will circle and eat its own vomit. Just saying...
I used to love those TRUE veggie burgers when I was growing up. Made with peas, corn, green beans in a breaded crust. Can’t find them anymore.
I tend to stay away from the soy stuff.
When they made the announcement you could hear crickets
Kudos for that! Ridicule is appropriate.
Come on, you don’t have to pretend you like them.
They were OK. Kinda tasted like ‘Veg-All’ casserole.
So this is the third time they've cut their workforce this year?
“According to Bloomberg, the company has to lower expenses as inflation forces consumers to consider less-expensive protein options. “
uh, huh ... apparently has nothing to do with the general unpopularity of carb&chemical burgers ...
Fake meat is like a politician that switches party or conservative that becomes a liberal.
Destined to fail.
What they left will hate them and what they joined won’t trust them.
Fake meat...if you like meat you won’t want it. If you are a vegetarian, you have already convinced yourself that meat is evil...why would you want a dalliance with “fake” meat?
I wait for my local supermarket puts their 10lb roll of hamburger on sale then stock up.
What the world really needs in not Soylent Green but GREENBEEFOS! The Ultimate Catalyst by John Taine. (Very hard to find on line)
But there is a price to pay....
“...Everybody should know nuts don’t give milk.”
I see what you did there!
Had an EXCELLENT steak tonight, but don’t know how long the Ukraine Supporters will allow me to continue eating such great food.
Plant based meat is called meat. I guess these journalism doesn’t know what livestock eats.
Beyond Palatable should be the new name for that garbage.
.
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