Sequoia-backed food tech unicorn Rebel Foods fires employees
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Foodtech unicorn Rebel Foods has laid off nearly 2% of its workforce. The startup attributed the layoffs to annual performance evaluation and a realignment within the company. “Any news heard is on account of annual performance evaluation and realigning the organisation to our priorities for future goals. The impacted number is less than 2% of our organisational strength,” a Rebel Foods spokesperson said.