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FreshRealm Files Bankruptcy, 865 Jobs Cut
Description
FreshRealm, a key supplier for meal kits and ready-to-eat foods, has filed for bankruptcy due to a major ingredient shortage and Listeria outbreak. The company, based in Linden, New Jersey, is laying off 865 workers and has secured $63 million in financing to continue operations. The supply chain for fresh meals is at risk, with brands like Blue Apron scrambling to find alternatives.
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