Tyson Slashes 1,700 Poultry Plant Jobs
Staff Editor Tyson Foods, one of the largest poultry producers in the world, is laying off nearly 1,700 workers as it closes two of its plants. The move comes as part of an effort to increase profits and streamline operations.
The layoffs will affect employees at both a plant located in Tennessee and another located in New Holland, Pennsylvania. Both facilities have been operating for more than 30 years but are now being closed due to declining demand for their products.
In addition to job losses from these closures, Tyson has also announced that it plans on cutting back production at other locations across the country by up to 25 percent over the next few months. This could lead to further job losses if demand does not pick up soon enough or if costs remain too high for Tyson’s bottom line.
Tyson has stated that all affected employees will receive severance packages and assistance with finding new employment opportunities elsewhere within its organization or outside of it altogether when possible. It also noted that any additional cost savings generated by these closures would be reinvested into research & development initiatives aimed at improving product quality and efficiency while reducing environmental impact.
Overall, this news is unfortunate but necessary given current market conditions. We hope those affected can find new jobs quickly so they can continue providing for themselves and their families without interruption.
Read more at CNN
