Major transnational corporations, including Kraft, Motorola, Lenovo, Tyson and HTC have announced mass layoffs in recent days amid a boom in mergers and acquisitions, which are on track to hit a record this year. Processed foods maker Kraft Heinz Co said Wednesday that it would cut 2,500 jobs in North America, amounting to 5 percent of its global workforce. The …
Hacking the food chain, Silicon Valley style By Rob Lever
A wave of Silicon Valley-style disruption is hitting the food industry. Lab-grown meat, vegan cheese and “animal free” milk and eggs are headed for consumers, often with backing from the tech sector and its financial allies. These products could fill an important need while reducing environmental problems such as energy and land use for traditional food industries, according to backers. …