Hormel Foods is cutting approximately 250 office roles from its workforce through early retirements and layoffs as part of a restructuring to “thoughtfully align resources.”

The giant Austin, Minn.-based food brand announced the cuts to its corporate and sales areas on Tuesday. The cuts will not impact workers in the food processing plants, according to Hormel.

The restructuring announcement did not state whether the 250 roles are being cut from its corporate offices in Austin or from other facilities in the company.

Of the approximately 3,300 Hormel employees based in Austin, 1,400 employees work in the corporate offices, according to Hormel’s website. Hormel also employs 1,900 people at its Austin processing plant.

Hormel said most of the changes are expected to be effective by the end of 2025. The company said that estimated restructuring charges of $20 million to $25 million are expected to be incurred in the fourth quarter of fiscal year 2025 and the first quarter of fiscal year 2026.

That estimated $20 million to $25 million includes one-time pension benefits, cash severance payments, stock compensation expenses and employee benefit costs.

“Our focus is on providing support and resources to those impacted as they transition from the company,” said Interim CEO Jeff Ettinger. “Each person who is leaving has contributed to our organization, our culture and our success. We’re grateful for everything they’ve done.”

The maker of SPAM described the restructuring as part of the “company’s ongoing focus on balancing cost discipline with reinvestment in areas critical to its future.”

Hormel Foods President John Ghingo addressed that rebalancing.

“We’re directing resources toward technology, innovation, food safety and quality, and the capabilities — including people capabilities — that will shape our future. We’re confident that our ongoing investments will strengthen our brands, improve efficiency and ensure Hormel Foods stays competitive and responsive to the needs of our consumers and customers,” he stated in the announcement.

By AAMER MADHANI

WASHINGTON (AP) — President Donald Trump announced Tuesday he has decided to nominate Jared Isaacman to serve as his NASA administrator, months after withdrawing the tech billionaire’s nomination because of concerns about his political leanings.

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Trump announced in late May that he had decided to withdraw Isaacman after a “thorough review” of his “prior associations.” Weeks after the withdrawal, Trump went further in expressing his concerns about Isaacman’s Republican credentials.

At the time, Trump acknowledged that he thought Isaacman “was very good,” but had become “surprised to learn” that Isaacman was a “ blue blooded Democrat, who had never contributed to a Republican before.”

Isaacman had the endorsement of Trump’s former DOGE adviser and tech entrepreneur Elon Musk. The president and Musk had a very public falling out earlier this year but are now on better terms.

Last week, Trump told reporters he and Musk have spoken “on and off” since sitting together at conservative activist Charlie Kirk’s funeral last month in Arizona and that their relationship is “good.”

Trump made no mention of his previous decision to nominate and then withdraw Isaacman in his Tuesday evening announcement of the re-nomination on his Truth Social platform. And the White House did not immediately respond to a request for comment on Trump’s decision to reverse course.

“This evening, I am pleased to nominate Jared Isaacman, an accomplished business leader, philanthropist, pilot, and astronaut, as Administrator of NASA,” Trump posted. “Jared’s passion for Space, astronaut experience, and dedication to pushing the boundaries of exploration, unlocking the mysteries of the universe, and advancing the new Space economy, make him ideally suited to lead NASA into a bold new Era.”

Transportation Secretary Sean Duffy has been serving as interim NASA administrator. The president on Tuesday praised Duffy for doing an “incredible job.”

Isaacman, CEO and founder of credit card-processing company Shift4, has been a close collaborator with Musk ever since buying his first chartered flight with SpaceX.

He also bought a series of spaceflights from SpaceX and conducted the first private spacewalk. SpaceX has extensive contracts with NASA.

The Senate Commerce, Science and Transportation Committee approved Isaacman’s nomination in late April and a vote by the full Senate had been expected when Trump announced he was yanking the nomination.

In his own social media post Tuesday, Isaacman thanked Trump for the nomination and the “space-loving community.” He made no mention of the earlier turmoil.

Check here for live election results.

MINNESOTA GENERAL ELECTION LIVE RESULTS

 

 

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LOUISVILLE, Ky. (AP) — A UPS cargo plane crashed Tuesday at a Louisville, Kentucky airport where the company operates its largest package delivery hub.

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UPS calls the giant center Worldport.

Here’s what to know about its enormous scale:

Processes 2 million packages per day

The facility at Muhammad Ali International Airport sprawls across the equivalent of 90 football fields.

It processes 2 million packages per day in a facility. It has the ability to handle even more: It has the capacity for 416,000 packages and documents per hour.

A time-lapse video UPS posted on YouTube shows planes taxiing to and from special cargo gates. Workers unload containers packed with cardboard boxes. Other employees load the boxes onto a conveyor belt, which delivers packages to workers who load them into other containers.

A UPS town

Some 20,000 people work at the center, making UPS the largest employer in the Louisville area, the company said on its website.

Louisville Metro Council member Betsy Ruhe said everyone in town knows someone who works at UPS.

“My heart goes out to everybody at UPS because this is a UPS town,” Ruhe said. “My cousin’s a UPS pilot. My aide’s tennis partner is a UPS pilot. The intern in my office works overnight at UPS to pay for college.”

Hundreds of flights per day

More than 300 flights take off and land from the facility each day, the company said on its website.

The center has room for 125 aircraft to park.

Louisville’s location in Kentucky puts it within four hours of flight time to 95% of the U.S. population. It serves 200 countries around the world.

UPS flies six different types of planes in the U.S.

It has 27 MD-11s, which is the model that crashed on Tuesday. It also flies the A300-600, which is an Airbus, and four different types of Boeing jets: 757-200, 767-300, 747-400 and 747-8.

Expansion plans

In 2022, the company said it would begin building a new aircraft hangar in Louisville that would be large enough to park two 747 planes, which are the largest in its fleet, and eight new flight simulators.

UPS Healthcare, which provides shipments for clinical trials and shipments to medical care patients and other services was due to get two new buildings in the expansion.

UPS gets permission to fly its own planes in 1988

UPS got its start in Seattle in 1907, when two teenagers started American Messenger Co. The name United Parcel Service debuted in 1919.

The company won Federal Aviation Administration approval to operate its own aircraft in 1988.

Headquartered in Atlanta, UPS today employs about 490,000 people worldwide.

This version of the story corrects the size of the facility to say it’s the equivalent of 90 football fields instead of 10.