Berlin-based Infarm to downsize business in the Netherlands, may lay off over half its workforce

▤ Summary

Berlin-based Infarm, an agritech startup that builds and distributes efficient vertical farms throughout cities, announced on Monday, November 28, that it is making a strategic shift to accelerate its drive towards profitability. The company is looking to reduce its manufacturing sites and indicates that more than half of the staff, or about 500 people, will have to depart the organisation. The exact numbers are still to be determined.

▦ Linked Companies