Regrow Ag Layoffs
August 2024
Regrow Ag announced a layoff affecting 0 employees (19% of its workforce) in August 2024. The company operates in the Food sector.
0
19%
Aug 16, 2024
About
Regrow Ag, an agricultural technology company, has laid off 19% of its workforce following a strategic restructuring to sharpen its focus on core business operations. The decision, announced by CEO Anastasia Volkova, was described as difficult but necessary to position the company for future growth in transforming the food system and enhancing agricultural resilience. While the exact number of affected employees was not specified, the layoffs reflect broader challenges in the AgTech sector. The company emphasized that the move was not performance-related and expressed gratitude for the contributions of departing team members, offering support for their transition.
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