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Beyond Meat Cuts More Jobs as Plant-Based Meat Demand Cools.


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2022 Oct 13, 1:38pm   5,893 views  50 comments

by Al_Sharpton_for_President   ➕follow (5)   💰tip   ignore  

Plant-based burger maker Beyond Meat Inc. is conducting further layoffs following a round of cuts made in August, according to people familiar with the matter.

It wasn’t immediately clear how many workers were terminated. Beyond Meat asked employees to work from home on Thursday and restricted access to documents, according to some of the people, who asked not to be named because they weren’t authorized to speak for the company. Management then set up individual calls to inform some workers that they were losing their jobs. Some cuts came in the research and development department.

The company didn’t respond to inquiries from Bloomberg.

Beyond Meat, which had about 1,100 employees at the end of last year, previously eliminated about 40 positions in August as part of a broader cost-cutting plan. The onetime Wall Street darling faces mounting challenges as rising inflation drives consumers toward less-expensive animal proteins and competition intensifies. Major fast-food partnerships have failed to gain traction, and the company has struggled to ramp up production.

It suffered another blow last month when its chief operating officer, who had been hired from Tyson Foods Inc., was suspended after being arrested. A supply-chain executive, who had been hired at the same time, has also departed.

The plant-based meat category has also broadly cooled off. Retail sales of refrigerated meat alternatives fell almost 11% in the 12 months ended Oct. 2 from the previous period, IRI data show. Beyond Meat-branded sausage substitutes fell 19% in the period, while the company’s plant-based patties dropped 27%. Its faux meatballs experienced growth, however, with sales rising 19%.

Earlier this month, JBS SA, the world’s largest meat supplier, said it would discontinue operations at its US plant-based unit Planterra. Closely held Impossible Foods Inc. dismissed about 6% of its 800-person workforce, though it has said that its sales are growing.

https://finance.yahoo.com/news/beyond-meat-cuts-more-jobs-193943444.html

« First        Comments 26 - 50 of 50        Search these comments

26   AmericanKulak   2022 Nov 22, 9:09am  

B.A.C.A.H. says

Trimming The Fat.

Trimming the Phytoestrogenic Soy Protein and Seed Oils that make up Fake Meat.
27   Ceffer   2022 Nov 22, 10:21am  

And all this time, I thought 'Beyond Meat' was one of Rin's Montreal houses of sport.
28   Patrick   2023 Jul 31, 7:31pm  

https://wibc.com/111353/bioethicist-suggests-re-engineering-humans-to-become-allergic-to-meat/


Bioethicist Suggests Re-Engineering Humans To Become Allergic To Meat

This is one of those rare moments where we don’t know if we should make jokes or fear for our lives. Prepare yourself.

A viral video shows a bioethicist suggest we re-engineer humans to become allergic to meat in order to control climate change.

A video of a panel at the 2016 World Science Festival has resurfaced causing outrage from thousands on social media. S. Matthew Liao is speaking about reducing humanity’s footprint on the planet.

Liao says a major impact each of us can make is by limiting our meat. He then brings up the idea of altering one’s body to be allergic to all meat in order to help with our over consumption. An example is given of how a tick bite can cause alpha-gal allergy (red meat allergy.)

“There’s this thing called the lone star tick where if it bites you, you will become allergic to meat…That’s something we can do through human engineering. We can kind of possibly address really big world problems through human engineering.” ...

In the video Liao did not suggest we use a tick bite to alter our bodies, but rather said it was possible. Katz says he’s actually glad this was brought to light as it’s something we need to be aware of.

“There’s no way to look at this other than to say this is the ugliest concept. I’m glad it was brought up so we can note that it is ugly. But you will find people who approve of this and in that you will find the totalitarian.”
30   AD   2023 Aug 21, 5:27pm  

.

Long live Boca Burger (https://en.wikipedia.org/wiki/Boca_Burger)

I remember eating them when I was a kid

.
31   richwicks   2023 Aug 21, 5:53pm  

ad says



Long live Boca Burger (https://en.wikipedia.org/wiki/Boca_Burger)

I remember eating them when I was a kid


It never tried to claim it was the same as meat.

Have they stopped selling them? I liked them.
32   HeadSet   2023 Aug 21, 7:26pm  

Patrick says

Bioethicist Suggests Re-Engineering Humans To Become Allergic To Meat

If you are going to re-engineer humans, make them disease resistant, smart, and good looking.
33   Patrick   2023 Aug 21, 7:50pm  

And most importantly: defiant of authority!

Lol, as if they would include that.
36   Ceffer   2023 Nov 2, 5:22pm  

No addictive baby meat in the burgers, no launch pad to success.

Nothing assures that you will become viagra proof like a steady diet of vegi burgers.
37   KgK one   2023 Nov 2, 5:41pm  

Slowly they are trying to get ppl to eat bugs.
It's coming, saw kids magazine article how ppl eat bugs.

https://www.foxnews.com/media/tyson-foods-investing-big-bug-protein-new-venture

https://www.cnn.com/2023/10/20/business/tyson-insect-ingredients/index.html

You can feed lot more ppl from vegetables than from animals. Energy from sun makes plant n vegetables. It takes long time n 100x food to get cow or chicken from it. So lot of energy loss.

Also you can get n spread lot of animal virus from uncooked meat. Have seen some new videos with little parasite worms.

How do people decide what meat to eat. Cow chicken ok but dogs n cats not good, horse not ok. ? In China they eat all, eel, snakes rats, dogs etc.

Though I think veg is healthy, I crave good chicken.
They make delicious fried chicken, I prefer to be semi vegitarian.
38   Misc   2023 Nov 2, 6:52pm  

I ate some Broccoli the other day that almost made me turn vegetarian. It was sooooo good just wrapped in bacon.
39   just_passing_through   2023 Nov 2, 8:47pm  

Misc says

I ate some Broccoli the other day that almost made me turn vegetarian. It was sooooo good just wrapped in bacon.


If you want to turn it into a superfood sprinkle a tiny bit of mustard powder on it. It replaces the myrosinase that denatures when you cook it. Myrosinase converts glucoraphanin into sulfsulforaphane (the super food part) when you chew raw broccoli or even better (and tastier) chew the sprouts.

May be the best super food available. If not it's tied with other stuff.
40   Patrick   2023 Nov 2, 9:05pm  

@just_passing_through How does it affect the flavor?
41   komputodo   2023 Nov 2, 9:11pm  

Patrick says

I don't like that so if I'm going to shop I always transcribe the list onto a hand-drawn map of the store.

Really? Has she ever commented on this routine?
42   komputodo   2023 Nov 2, 9:15pm  

Hircus says

I think I came up with the idea in 2002 that all big stores with websites should make it easy for customers to find products. Looking at a product page online? It should tell you the aisle and section of the product for your selected store.

I think they would rather have you browse the whole store
43   Patrick   2023 Nov 2, 9:42pm  

komputodo says

Patrick says


I don't like that so if I'm going to shop I always transcribe the list onto a hand-drawn map of the store.

Really? Has she ever commented on this routine?


She says she doesn't care, as long as I come back with the right groceries.
44   just_passing_through   2023 Nov 3, 8:00am  

Patrick says

just_passing_through How does it affect the flavor?


I haven't noticed any change. Use just a tiny bit. I did dump it on there the first time and gave myself a hell of a stomach ache.
46   zzyzzx   2023 Nov 8, 6:41am  

https://www.thestreet.com/restaurants/beloved-fast-food-chain-files-for-chapter-11-bankruptcy

Vegetarian fast-food chain files for bankruptcy

Boston-based vegetarian fast-food restaurant chain Clover Food Lab on Nov. 3 filed for Chapter 11 Subchapter 5 bankruptcy in the U.S. Bankruptcy Court for District of Delaware to reorganize its business as its sales have not fully recovered from the effects of the Covid pandemic, according to its website.
47   komputodo   2023 Nov 8, 1:24pm  

KgK one says

I prefer to be semi vegitarian.

can a person be semi vegetarian? Wouldn't that be like being a little pregnant?
49   Booger   2023 Dec 17, 11:53am  

Any of you guys short this?

https://www.macroaxis.com/invest/ratio/BYND/Probability-Of-Bankruptcy

Current Beyond Meat Probability Of Bankruptcy

50%
50   Tenpoundbass   2023 Dec 17, 1:31pm  

If I were a vegan I'm sure I could make some delicious bean patties and fritters, that would be quite marketable
It amazes me, that time and time again, vegans try to open a food stall/joint selling prepackaged mystery crap trying to pretend to be meat.
I used to date a woman that loved going to Morisons(a once very good ala carte buffet) she would just get a bunch of vegetable sides.
Collard Greens, Crème Corn, Lima Beans, and Brussel Sprouts maybe a salad. Not because she was a vegan, but because they were damn delicious and she could make chicken and roast beef at home. But when you can pig out on a bunch of good tasting vegetables?
I've never seen a vegan restaurant that offered up fare as appealing as her spread she brought to the table.

Vegans are fucking retarded.

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