Mass Layoffs at Meati After Payroll Glitches
Meati, a Colorado-based alt meat company, has laid off multiple employees, including the entire fermentation team and food production staff.
“The entire fermentation team has been laid off as well as food production; only some managers and maintenance people will remain.”
According to an employee, the layoffs are due to the company's financial difficulties, with the goal of reducing headcount while figuring out finances.
- Meati was acquired by Meati Holdings over the summer.
- The company's new owner, Yasir Abdul, has not responded to interview requests.
Author's summary: Meati lays off employees due to financial difficulties.