© Reuters. FILE PHOTO – A Beyond Meat Burger is seen on display at a store in Port Washington, New York, U.S., June 3, 2019. REUTERS/Shannon Stapleton
(Reuters) – Faux-meat maker Beyond Meat (NASDAQ:) 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.
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