top of page

NEW TECH FOODS

Cultivated Meat & Seafood

Upside Foods to reduce workforce amid economic uncertainty

FoodBev Media logo.png

Rafaela Sousa

4 July 2024

Upside Foods to reduce workforce amid economic uncertainty

Placeholder.png

Upside Foods has announced plans to reduce its workforce as part of a strategic adjustment aimed at enhancing operational agility in a challenging economic environment.


A spokesperson for Upside told The Cell Base: "Upside is focused on our next chapter of scale and commercialisation. To stay agile in the face of an uncertain macro environment, we made adjustments to certain programs and reduced some positions."


"We’re deeply grateful for the hard work and commitment of our departing team members and remain focused on bringing cultivated meat at scale to the world.


The California-based company did not specify the exact number of jobs affected, but reports from US media outlets indicate around 26 positions may have been impacted.


#UpsideFoods #US

Related news

Placeholder.png

Upside Foods restructures amid industry challenges

Upside Foods has initiated another round of layoffs as part of a strategic restructuring aimed at enhancing operational efficiency.

Placeholder.png

Upside Foods and Institute for Justice gain support from trade group on Florida lawsuit

AMPS has expressed its support for Upside Foods and the Institute for Justice on the lawsuit filed against the state of Florida in August.

Placeholder.png

Upside Foods files lawsuit against Florida’s cell-based meat ban: What does it mean?

The US Institute for Justice has partnered with Upside Foods to challenge Florida’s law prohibiting cell-based meat within the state.

Placeholder.png

Upside Foods' event showcases cell-based meat despite Florida's ban

Florida has officially implemented a ban on cell-based meat. Just before the ban came into effect, Upside Foods hosted a pop-up event.

Cultivated Meat & Seafood

Upside Foods to reduce workforce amid economic uncertainty

FoodBev Media logo.png

Rafaela Sousa

4 July 2024

bottom of page