Albertsons Companies’ meal kit company, Plated, has laid off 25 of its corporate staffers based in New York City, according to a Bloomberg report.
Boise, Idaho-based Albertsons Companies acquired the company in 2017 and began offering the meal kits in its stores in 2018. The grocer recently pulled the kits from its hometown stores.
Plated Co-Founder Josh Hix, who was also its CEO, left the company last January.
The recent moves will help reduce expenses and create better use of the company’s larger structure, according to Albertsons Companies Spokeswoman Christine Wilcox.
To read the Bloomberg report, click here.