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Following a period of continuous price hikes, consumers may soon notice a slight relief in grocery prices as major food companies aim to stimulate growth. General Mills, the maker of Cheerios and Nature Valley bars, recently announced price reductions on…

Key Insights: PepsiCo is testing a unified distribution model in Texas to merge its snacks and beverages businesses, aiming to reduce costs and increase productivity. Investments in technology have enabled PepsiCo to consolidate warehouses for its snacks and beverages units,…

Hormel Foods has announced a corporate restructuring that includes cutting 250 corporate and sales positions. Read more about this decision. Hormel is closing open roles and reducing certain positions to align resources with strategic priorities. The company is also implementing…

As more breweries aim for net-zero emissions, some are turning to heat pumps as an alternative to gas boilers. Companies like Guinness and New Belgium Brewing are investing in electrified heat and steam technology to reduce their environmental impact. AtmosZero,…

Key Points: Molson Coors is set to cut 400 salaried jobs by the end of the year as part of a plan to streamline operations under new CEO Rahul Goyal. This move will result in a 9% reduction in the…

Key Takeaways: Beyond Meat is planning to reduce its North American workforce by approximately 6%, which amounts to about 44 employees, as the company faces challenges in the plant-based food market. The California-based company anticipates incurring a one-time charge of…

Key Points: General Mills plans to cut jobs as part of a global transformation initiative aimed at increasing productivity. The company will take targeted organizational actions, with total charges of about $130 million, largely completed by the end of fiscal…

A leaked draft budget document reveals the Trump administration’s plan to significantly reduce funding to the Department of Health and Human Services, including substantial cuts to the Food and Drug Administration (FDA). These cuts would entail shifting the responsibility of…

Dive Brief: TreeHouse Foods announced a plan to centralize and reorganize its corporate support functions, resulting in the elimination of 150 jobs. The company’s chief commercial officer, Scott Tassani, will depart on May 30, with his responsibilities redistributed among other…

Dive Brief: Post Holdings announced plans to close cereal manufacturing facilities in Cobourg, Ontario, and Sparks, Nevada, due to ongoing struggles in the breakfast staple market. The closures, expected by the end of December, will affect around 300 employees. The…