Upside Foods to reduce workforce amid economic uncertainty

Cultivated Meat & Seafood

Upside Foods to reduce workforce amid economic uncertainty

Rafaela Sousa

4 July 2024

Upside Foods to reduce workforce amid economic uncertainty

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.

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