The food and beverage industry experienced a significant increase in layoffs during 2026. Nearly 30,000 jobs were eliminated by September, representing a 76% rise compared to the previous year. This surge is attributed to declining consumer spending and evolving eating habits. Major companies like Tyson Foods, Nestlé, Guinness, and PepsiCo have announced facility closures and workforce reductions. These actions are often cited as necessary steps to streamline operations and focus on growth areas.
https://www.fooddive.com/news/food-beverage-industry-layoffs-closures-increase/833710/