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Report: Impossible Foods planning to lay off 20% of staff

Impossible Foods, which makes plant-based nuggets, burgers and patties, is reportedly laying off 20% of its staff, Bloomberg reported first.
According to the story, the 12-year-old company currently employs about 700 workers, which could then affect over 100 employees. This comes as the company made a 6% reduction in its workforce last October.
Impossible Foods did not respond to a request for a comment about the layoffs.
While we know layoffs can happen anytime, it seems like the company was doing well. Earlier this month, the Redwood City, California–based company reported a year of record s

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