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Impossible foods is preparing to cut off another 20% of its workers following the smaller reductions in October.
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The California-based firm seemed to be doing very good financials before the reports of layoffs surfaced.
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The plant-based maker of burgers and sausages' latest round of staff reductions is likely to affect more than 100 of the estimated 700 employees.
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According to a person who knows the matter disclosed this to reporters on Monday.
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The publication also reviewed the document, which revealed that the company provided free separation payments as well as benefits to employees before 2022 came to an end.
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CEO of Impossible Foods said "roles that have become redundant to others in the organization or that are no longer aligned with our core business priorities."
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