Sweetgreen Layoffs

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Sweetgreen, a fast-casual restaurant chain in the food and beverage industry, laid off 5% of its support center workforce in mid-2022 as part of cost-cutting measures. The layoffs, announced alongside a downsizing to a smaller office, were driven by weaker-than-expected sales that began around Memorial Day, attributed to summer travel, a slow return to offices, and new COVID-19 cases. The company, which had around 2,800 total employees at the time, also lowered its annual revenue forecast. These steps were taken to reduce operating expenses and move toward profitability amid a challenging post-pandemic market environment.

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