Impossible Foods Plans to Lay Off About 20% of Workers
- Workforce reduction follows another round of cuts in October
- Buyouts were also offered to workers at end of last year
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Impossible Foods Inc., the maker of meatless burgers and sausages, is preparing to cut about 20% of its staff, according to a person familiar with the matter.
The Redwood City, California-based company currently employs about 700 workers. The new round of dismissals could reduce that amount by more than 100.