Hormel Foods Corporation has announced it will eliminate about 250 corporate and sales positions as part of a company-wide restructuring effort aimed at aligning resources with strategic priorities and supporting future growth.
The Minnesota–based food company said the move includes a voluntary early retirement program for some non-plant employees, closing open roles, and reducing certain office-based positions. Interim CEO Jeff Ettinger emphasized that the company made the decisions “with care and respect” and will provide support to affected employees.
Hormel leaders say the restructuring will allow for greater investment in technology, innovation, food safety, and workforce development to keep the company competitive. The company expects to incur restructuring charges of $20 million to $25 million, primarily tied to pension benefits, severance, and related costs, with most expenses recorded by early 2026.
Photo Credit: Hormel Foods
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