Agribusiness  September 14, 2023

Meati Foods embarks on 2nd round of layoffs

BOULDER — The path to scalability for vegetable protein company Meati will require more layoffs than it had anticipated would be the case in June.

The company told media outlets this week that it laid off 60 people, then reassigned 30 of them, for a net 10% reduction in its workforce. That’s on top of the 5%, or 17 people, that it terminated in June. 

Meati Foods, the trade name for Emergy Inc., is working to convert mushroom-based proteins into products that resemble whole cuts of meat. 

While optimistic about the future of plant-based proteins…

Related Posts

Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
Sign up for BizWest Daily Alerts
Closing in 8 seconds...