Hormel Foods to Cut 250 Jobs Amid Restructuring, Cites Need to Balance Costs and Reinvest

Hormel Foods to cut 250 corporate and sales roles as part of restructuring

AUSTIN, Minn. — Hormel Foods is cutting approximately 250 office roles from its workforce through early retirements and layoffs as part of a restructuring to “thoughtfully align resources.” The giant food brand announced the cuts to its corporate and sales areas on Tuesday, Nov. 4. The cuts will not impact workers in the food processing plants, according to Hormel. The restructuring announcement did not state whether the 250 roles are being cut …

Hormel Foods to cut 250 jobs amid restructuring, cites need to balance costs and reinvest

The Minnesota-based food manufacturer has announced a restructuring plan that will impact hundreds of employees, citing a need to balance costs and invest in key areas.

Hormel cutting 250 jobs through layoffs, buyouts, hiring pause

The corporate restructuring at the Minnesota-based Spam-maker follows heavy inflation and a dim earnings outlook.

Hormel corporate restructuring includes layoffs

Plan designed to support long-term growth but is expected to result in a reduction of 250 corporate and sales positions.