Beyond Meat cuts jobs, suspends China operation [Yahoo! Finance]
Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
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Source: Yahoo! Finance
The plant-based burger and sausage manufacturer has been carrying out cost-cutting measures and revealed yesterday (26 February) it “took out just over $50m in operating expenses, excluding a $7.5m settlement” in 2024. However, reporting its 2024 financial results, Beyond Meat showed the cost-cutting is continuing to try to “strengthen its financial profile and support its long-term objectives”. The group revealed a plan to reduce its workforce in North America and the EU by approximately 44 employees, representing around 6% of the company's global workforce. At the same time, Beyond Meat said it plans to suspend its operation in China, which are estimated to cease by the end of the second quarter. “As part of this plan, the company is reducing its workforce in China by approximately 20 employees, representing approximately 95% of the company's China workforce,” it said. It added: “The decision was based on cost-reduction initiatives intended to reduce operating expenses.”
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News
- Plant-Based Meat Market to Reach USD 15.80 Billion by 2032: Insights on Growth, Trends, and Innovations [Yahoo! Finance]Yahoo! Finance
- 4 Reasons To Sell Beyond Meat [Seeking Alpha]Seeking Alpha
- BYND STOCK NOTICE: Beyond Meat, Inc. Faces Securities Fraud Investigation after 23% Stock Drop – Investors with Losses Urged to Contact BFA LawGlobeNewswire
- Bragar Eagel & Squire, P.C. Continues Investigations into Beyond Meat and Alvotech on Behalf of Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
- Can Beyond Meat (BYND) Recover in 2026? [Yahoo! Finance]Yahoo! Finance
BYND
Earnings
- 11/10/25 - Miss
BYND
Sec Filings
- 12/18/25 - Form 8-K
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- BYND's page on the SEC website