The invention relates to a tire bead cutting and wire stripping device and method. The device comprises a workbench mechanism, a tire bead cutting mechanism, a tire bead hauling mechanism and a tire bead wire stripping mechanism; the tire bead cutting mechanism comprises a cutting tool assembly installed at the end part of the workbench mechanism, a moving roller assembly with adjustable clearanceinstalled on the workbench, horizontal moving slide rail assemblies installed on two sides of the workbench mechanism, and clamping assemblies installed on the horizontal moving slide rail assemblies; the tire bead hauling mechanism is installed on the workbench mechanism and positioned at the rear side of the tire bead cutting mechanism, and is used for transporting a cut tire bead to the tire bead wire stripping mechanism; and the tire bead wire stripping mechanism is installed on the workbench mechanism, and comprises a tire bead wire stripping assembly, a debris storage box positioned right below the tire bead wire stripping assembly, a steel wire hauling assembly positioned on the rear side of the tire bead wire stripping assembly, and a steel wire storage box positioned below the steel wire hauling assembly. The tire bead cutting and wire stripping device and method has the beneficial effects that, cutting and wire stripping operation of the tire bead can be completed, the degree of automation is high, the level of mechanism linkage and integration is high, and operation ability of a system is improved.