US EditionIdaho-Based Lamb Weston to Lay Off Hundreds of Employees
ADA COUNTY, IDAHO, JUL 23 – Lamb Weston plans to cut 4% of its global workforce as part of a cost-saving strategy aiming to achieve at least $250 million in annualized savings by fiscal year 2027.
- On July 23, 2025, Lamb Weston Holdings, Inc. in Eagle, Idaho reported fiscal fourth-quarter and full-year 2025 results, including increased sales and earnings per share beating estimates.
- Last month, Lamb Weston faced activist pressure as Jana Partners built over 5% stake last year and forced the CEO to step aside.
- Lamb Weston reported quarterly sales of $1.675 billion, up 4% year over year, beat the Street view of $1.590 billion, the company said.
- Lamb Weston said it will cut about 4% of its workforce, and affected workers will receive severance and resources.
- The fiscal 2026 outlook, the Company said, includes an extra 53rd week in Q4 and net sales of $6.35 billion to $6.55 billion.
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Idaho french-fry maker for McDonald’s to lay off hundreds of employees
Eagle-based french fry giant Lamb Weston plans to lay off hundreds of employees.The company announced Wednesday in its quarterly earnings report that it intends to slash 4% of its global workforce. The cuts include the elimination of certain unfilled positions, according to a news release.Lamb Weston employs over 10,000 people around the world in sales offices, manufacturing plants and corporate offices. More than 1,000 of those employees work i…
Idaho-based Lamb Weston to lay off hundreds of employees
Courtesy Lamb Weston EAGLE (Idaho Statesman) — Eagle-based french fry giant Lamb Weston plans to lay off hundreds of employees. The company announced Wednesday in its quarterly earnings report that it intends to slash 4% of its global workforce. The cuts include the elimination of certain unfilled positions, according to a news release. Lamb Weston employs over 10,000 people around the world in sales offices, manufacturing plants and corporate o…
Eagle's Lamb Weston announces layoffs, profit increase. Stock soars
Eagle-based Lamb Weston said it would cut four percent of its workforce. Wall Street made it the best performer on the S&P 500 index of stocks Wednesday. The company said it would launch a cost-savings program and eliminate jobs. Lamb Weston saw earnings of 87 cents per share, up from last year and ahead of […]
Layoff News: Lamb Weston to cut 4% global staff, EnerSys to slash 575 jobs as cost-saving measure
Layoff news: EnerSys plans to lay off 575 employees, expecting $80 million in annual savings by fiscal 2026. Meanwhile, Lamb Weston aims for a 4% workforce reduction to save $250 million by fiscal 2028.
Why Lamb Weston Stock Soars Wednesday - Lamb Weston Hldgs (NYSE:LW)
Lamb Weston Holdings, Inc. (NYSE:LW) shares are trading higher on Wednesday. The company reported fourth quarter adjusted earnings per share of 87 cents, beating the analyst consensus estimate of 64 cents. Quarterly sales of $1.675 billion (+4% year over year) outpaced the Street view of $1.590 billion. Also Read: Fiserv Stock Tumbles As Outlook Softens Despite Deal With TD “Lamb Weston returned to growth in the second half of the year with mome…
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