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Green Labs lays off 350 employees — February 21, 2023

Green Labs, a food company based in South Korea, laid off 350 employees on February 21, 2023. At the time, the company was at the Series C stage. The layoff was reported by this source.

Company
Green Labs
Employees laid off
350
Date
February 21, 2023
Industry
Food
Country
South Korea
Company stage
Series C
Total raised (pre-layoff)
$214M

Source: https://techcrunch.com/2023/03/30/green-labs-secures-38-4m-in-debt-financing-about-a-month-after-conducting-layoff/

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