Meati Foods Announces Staff Cuts

Colorado-based Meati Foods has cut staff by 10% as it focuses on profitability. The fermented meat company said the layoffs were not a result of the demand it has seen for its products.

The company eliminated 60 roles last week as part of a “structural reorganization,” a decision that affected nearly every part of the organization, a company spokesperson told Food Dive. 

Meati said the layoffs were necessary to focus on profitability and not a testament to the growth the company has seen for its products. “Meati is a young, disruptive company navigating uncharted territory... each of these factors requires us to regularly evaluate every aspect of our operations,” the person said.

The alternative meat company recently launched an online shop to expand its national footprint and help it achieve its goal of becoming the US market leader in plant-based meat by 2025. 

Meati also is debuting a paid subscription option called Innovation Kitchen.

With the launch of Meati Marketplace, and the paid subscription option of Innovation Kitchen, the company is hoping to receive feedback on seasonings, texture and other characteristics that can be used to help it improve its products.