Food52 Layoffs
April 2022
Food52 announced a layoff affecting 20 employees (10% of its workforce) in April 2022. The company operates in the Food sector.
20
10%
Apr 8, 2022
About
Food52, a tech-focused food media and e-commerce company, laid off 10% of its staff in early April 2022 as part of a strategic pivot to strengthen its e-commerce operations. This restructuring followed an $80 million investment from the Chernin Group. While the exact number of affected employees wasn't specified, the move came despite the company reporting doubled revenue and achieving profitability in 2020. The layoffs, which left staff feeling "gut-punched," are part of a broader shift that includes recent acquisitions like Schoolhouse and Dansk, and plans to expand into physical retail with pop-up shops and brick-and-mortar stores.
Related Events
More Food Layoffs
Report an Error
If you find incorrect information, please let us know so we can correct it.
support@layoffs.nl