Sweetgreen's stock plummets after salad chain lowers forecast, announces layoffs and office downsizing - CNBC

Sweetgreen said it will lay off 5% of its workforce and downsize to a smaller office building to lower its operating expenses.

Shares of Sweetgreen plunged more than 20% in extended trading Tuesday after the salad chain lowered its 2022 forecast. The restaurant company also said it laid off 5% of its support center workforc… [+2373 chars]

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