Founders’ Reorg to Prioritize Chain Will Result in 10%+ Workforce Reduction

Dear Client:  Founders is reorganizing its sales force to be more oriented toward chain, where it currently does the majority of its business. Co-founder Mike Stevens told CBD that will result in a 10%-13% reduction in workforce.  Mike says the move is to "focus on where our business is coming from" and "to be more efficient." It has little to do with COVID, as it's been years in the making (although, of course, COVID certainly behooves chain retail).  "We had