Imperfect Foods Layoffs
September 2021
Imperfect Foods announced a layoff affecting 0 employees in September 2021. The company operates in the Food sector.
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Sep 22, 2021
About
In 2021, Imperfect Foods, a grocery-delivery e-commerce company that had expanded rapidly during the pandemic, underwent significant restructuring, including multiple rounds of layoffs affecting employees across nearly all ranks. The layoffs occurred in waves throughout the year, driven by a slowdown in sales as consumer demand waned post-pandemic, with many customers returning to in-store shopping. The company also saw a major leadership shakeup, with half of its C-suite departing, including CEO Philip Behn, who was pushed out in June. These changes were attributed to overestimated revenue projections following the pandemic boom and a challenging adjustment to shifting market conditions.
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