[Logo]
 
  Home Page       Intelivisto       Search        Recent Topics        Hottest Topics        Login
Beyond Meat executive exits after biting incident
Forum Index » Futures & Options
Author Message
geemong (IV09209601)



Messages: 31
Offline

Beyond Meat executive exits after biting incident





The Beyond Meat executive who was accused of biting a man's nose is leaving the vegan food company.

SLOTXO After verification of the information, meet the conditions of the promotion. The team will transfer the funds to the player's bank account immediately. This gives players the money to be added as investment credits to play prepaid slot games that will turn the investment credit into a real profit.

The US firm, known for its plant-based burgers, had suspended Douglas Ramsey, then chief operating officer, indefinitely after the incident.

His departure comes amid a broader shake-up at the company, which is struggling with faltering demand for fake meat.

The firm also said it was axing 200 staff, about 20% of its workforce.

"We believe our decision to reduce personnel and expenses throughout the company, including our leadership group, reflects an appropriate right-sizing of our organization given current economic conditions," Beyond Meat boss Ethan Brown said.

"We remain confident in our ability to deliver on the long-term growth and impact expected from our global brand."

Beyond Meat, which started selling its plant-based food in 2012, has blamed cost-of-living pressures for pushing shoppers to less expensive options, including traditional meat.

The company has also seen its edge eroded by a wealth of new competitors, including from food giants such as Kellogg and Tyson Foods.

Executives warned investors on Friday that sales this year are likely to fall 9% to 14% compared to 2021.
 
Forum Index » Futures & Options
Go to:   
Powered by JForum 2.1.8 © JForum Team