Impossible Foods Cuts Staff in US
The food manufacturer is cutting staff as plant-based meat industry sales slow.
February 17, 2023
Plant-based meat company Impossible Foods is cutting 132 jobs in CA, according to a notice filed on February 10 with the California Employment Development Department.
The expected date of the layoffs will be April 11. A spokesperson with Impossible Foods would not confirm the number of people impacted by the reduction.
Staff cuts include a broad range of positions at the company, including more than 20 scientists, about a dozen engineers, and around 12 researchers.
The layoffs occur as the plant-based meat industry sees falling sales. This round comes four months after about 6% of employees at Impossible lost their jobs as part of a company reorganization focused on future growth.
This isn't the only plant-based foods company to make staff cuts. Also about four months ago, JBS USA shut down its Planterra plant-based business, and Beyond Meat and Maple Leaf Foods’ Greenleaf Foods both cut employees.
Besides its Redwoods, CA, location, the food company has locations in Canada, UK, Asia Pacific, and the UAE.
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