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

  • Plant-based burger maker adds to layoffs made in August
  • Consumer demand for fake meat has fizzled in recent months
A Beyond Meat Inc. plant-based burger patty.

A Beyond Meat Inc. plant-based burger patty.

Photographer: Andrey Rudakov/Bloomberg

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.