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The Hershey Company

HSYConsumer Defensive· Hershey, PA, United States
LAYOFFS TRACKED
4
LAST EVENT
Apr 1, 2026
MARKET CAP
$34.45B
EMPLOYEES
18,650

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. The company provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company exports its products in approximately 80 countries worldwide. The Hershey Company was founded in 1894 and is headquartered in Hershey, Pennsylvania.

Layoff history

EVENTS PER QUARTER · HOVER FOR EMPLOYEE COUNTS

Q4 '23: 1 eventsQ1 '24: 0 eventsQ2 '24: 0 eventsQ3 '24: 0 eventsQ4 '24: 0 eventsQ1 '25: 0 eventsQ2 '25: 0 eventsQ3 '25: 0 eventsQ4 '25: 0 eventsQ1 '26: 1 eventsQ2 '26: 1 eventsQ3 '26: 0 events
Q4 '23Q1 '24Q1 '25Q1 '26Q3 '26

Layoff timeline

4 EVENTS
Apr 1, 2026News

The Hershey Company is reportedly planning to cut jobs in April 2026, marking its second reduction of the year. While specific numbers of employees affected have not been disclosed, this announcement follows a trend of workforce adjustments within the company. The planned layoffs are part of a broader strategy to streamline operations and adapt to changing market conditions. Details regarding the specific departments or locations impacted remain unclear at this time.

Jan 15, 2026News

The Hershey Company has announced plans for upcoming layoffs in Canada, affecting approximately 200 employees. These layoffs are part of a restructuring effort aimed at optimizing operations within the company. The layoffs are scheduled to take effect on January 15, 2026. This decision comes as Hershey seeks to adapt to changing market conditions and improve overall efficiency. The company has stated that it will provide severance rights to affected employees as part of this transition.

Oct 1, 2023News

The Hershey Company has laid off over 500 employees at its distribution center in Pennsylvania. This decision comes as part of a restructuring effort aimed at improving operational efficiency. The layoffs were officially announced and have already taken effect as of October 1, 2023. The company cited the need to adapt to changing market conditions and optimize its workforce as key reasons for the job cuts. This move reflects broader trends in the retail sector, where many companies are adjusting their operations in response to economic pressures.

Date not reportedUpcoming · EstimatedNews

The Hershey Company is set to lay off nearly 300 employees this year in Pennsylvania. This decision comes as part of the company's ongoing restructuring efforts to adapt to changing market conditions. The layoffs are part of a broader trend affecting various companies in the region, but specific details regarding the departments impacted have not been disclosed. The company has not provided a specific timeline for when these layoffs will take effect, leaving some uncertainty for the affected employees. This move reflects Hershey's strategic adjustments in response to economic pressures and evolving consumer preferences.

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