Reported about 18 hours ago
Hearthside Food Solutions has filed for bankruptcy protection in order to address $1.9 billion in debt and restructure its operations following investigations into child labor practices at its factories. The company, which denies knowingly employing underage workers, stated it has taken decisive actions to improve its practices after concerns were raised in media reports. Despite the scrutiny, Hearthside aims to continue normal operations during its Chapter 11 proceedings and plans to emerge from bankruptcy by early 2025.
Source: YAHOO