Tyson Foods to Cut Corporate and Senior Leadership Jobs by 10-15%
TL;DR Summary
Tyson Foods, the biggest US meat company by sales, will cut about 10% of corporate jobs and 15% of senior leadership roles as part of its latest cost-cutting move due to declining profits and struggles to improve results in its chicken business. The eliminated roles in senior leadership are mostly vice presidents and senior vice presidents. Tyson had about 6,000 US employees working in corporate offices as of Oct. 1 and 118,000 workers at non-corporate sites such as meat plants and warehouses.
- Tyson Foods to eliminate 10% of corporate jobs, memo says CNBC
- Tyson Foods to lay off corporate and senior leadership workers, memo says 4029tv
- Tyson Foods to Cut 10% of Corporate Jobs, Eliminate Some Senior Leadership Roles The Wall Street Journal
- Tyson Foods to eliminate 10% of corporate jobs, 15% of senior leaders Reuters
- Tyson to Lay Off 10% of Corporate Workers, 15% of Senior Staff Bloomberg
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