UPSIDE Foods Restructures Operations Amid Ongoing Workforce Reductions
UPSIDE Foods, a cultivated meat company based in Berkeley, California, has confirmed recent workforce reductions, citing a strategic restructuring aimed at improving operational efficiency. The layoffs come as part of an ongoing effort to streamline operations and focus on the commercialization and scaling of its products. A company spokesperson told both AgFunderNews and Alt-Meat: “We’ve reorganized our team and operations to stay agile and efficient to meet any challenges ahead,” but they did not disclose specific numbers or details about the restructuring. This marks the third round of workforce reductions in the last year, following similar cuts in February and July 2024. The decision reflects ongoing financial pressures within the company and the broader cultivated meat industry, which continues to grapple with the difficult task …