Vegan meat company sees stocks plunge, major layoffs at CEO departs over nose-biting scandal
Beyond Meat, the vegan meat company that has been feted as a revolutionary developer of vegetable-based proteins is undergoing major turmoil including stock plunges and major layoffs as well as a CEO's departure amid a violent scandal.
The company has seen steadily declining stock since last year, with a brief turnaround beginning in June of this year reversing into an even steeper decline in August that has continued through October.