Beyond Meat Inc. was moving into its new 300,000-square-foot headquarters in the Los Angeles area last month when it laid off about one-fifth of its workforce, the second round this year. Ethan Brown, the company’s chief executive and founder, assured employees at a town hall a day later that a more focused version of his […]
Read MoreTag: Losses
The personnel change is part of a broader restructuring aimed at reversing losses at the aerospace company’s defense unit. Source link Source link
Read MoreBusiness Earnings Plant-based meat manufacturer says inflation adds to challenges; company has been reducing staff to cut expenses Source link Source link
Read MoreThe electric-vehicle startup said it lost $1.74 billion in the third quarter as it continued to struggle with higher material costs and underused assembly lines. Source link Source link
Read MoreBusiness Earnings Streaming losses more than doubled in the recent quarter but have reached their peak, says CEO Chapek Source link Source link
Read MoreEconomy U.S. Economy The central bank is now paying out more in interest expenses than it earns in interest income Source link Source link
Read More