Hormel Foods Announces Corporate Restructuring to Support Strategic Priorities and Long-Term Growth

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[{"type":"text","content":"AUSTIN, Minn., Nov. 4, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced a corporate restructuring designed to thoughtfully align resources with the organization's strategic priorities, support future growth and strengthen the overall business.","length":316,"tagName":"p"},{"type":"image","alt":"Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue across more than 80 countries worldwide. (PRNewsfoto/Hormel Foods Corporation)","displaySize":"","headline":null,"caption":"Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue across more than 80 countries worldwide. (PRNewsfoto/Hormel Foods Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":223,"url":"https://media.zenfs.com/en/prnewswire.com/83cba91016761f663d3c39df5eaaa30f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/glQbEe3D1zw6.7NjPc.pEw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/83cba91016761f663d3c39df5eaaa30f","width":400,"height":223}},"href":"https://mma.prnewswire.com/media/2774643/Hormel_Foods_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"To ensure the company remains efficient and well-positioned for long-term success, Hormel Foods has implemented a voluntary early retirement program for a portion of its non-plant workforce, is closing many open roles and will reduce certain positions across its office-based workforce. These actions are expected to result in the reduction of approximately 250 corporate and sales positions.","length":392,"tagName":"p"},{"type":"text","content":""We approached every decision with care and respect for our team members," said Jeff Ettinger, interim chief executive officer, Hormel Foods. "Our focus is on providing support and resources to those impacted as they transition from the company."","length":266,"tagName":"p"},{"type":"text","content":"The restructuring reflects the company's ongoing focus on balancing cost discipline with reinvestment in areas critical to its future.","length":138,"tagName":"p"},{"type":"text","content":""Hormel Foods rema...

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