This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEI9D0IQ_L.jpg
(Reuters) – Faux-meat maker Beyond Meat (NASDAQ:BYND) Inc on Friday slashed its annual revenue forecast and said it was cutting about 200 jobs, or 19% of its total workforce.
The company now expects full-year revenue to be in the range of about $400 million to $425 million compared with previous expectations of between $470 million to $520 million.
