Weston, Florida-based Bang Energy, a maker of energy drinks, has announced a pre-sale reduction in force as it prepares to sell the company to Corona, California-based Monster Beverage Corp, a unit of Coca-Cola.
The reduction in force will impact 463 employees in Weston, Florida, between September 3, 2023 and September 10, 2023.
According to a company spokesperson, “As many of you may already be aware, Bang Energy has recently been acquired by another company, which marks the end of my journey with this remarkable organization.”
The brand owner, Vital Pharmaceuticals, filed for Chapter 11 bankruptcy protections in October 2022.
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