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…
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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…
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Heineken Restructuring Global Headquarters, Cutting 400 Jobs Heineken announced plans to cut 400 jobs at its global headquarters in Amsterdam as part of a restructuring to adapt to the evolving beer market. The changes, set to begin in 2026, will…
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New Summary: Nestlé has announced plans to cut 16,000 jobs over the next two years in order to reduce costs and accelerate its business turnaround. This represents about 6% of the company’s global workforce of 277,000 employees. The company has…
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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…
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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…
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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…
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Key Points: Brown-Forman, the owner of Jack Daniel’s, is laying off 640 workers and closing its bourbon cooperage in Louisville, Kentucky. The company will now source bourbon barrels from an external supplier to cut costs and streamline its structure. The…
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New Update: Lamb Weston is set to close an older processing facility in Connell, Washington and reduce production across North America, resulting in a 4% reduction in its workforce, equivalent to 428 jobs. As of July 17, the Idaho-based company…
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Hershey is reorganizing its workforce to align with its long-term growth plans. The company is laying off about 200 employees, or 1% of its 20,000-person workforce, while also creating new roles in areas such as technology and data science to…