Tyson Foods announced that on May 12 of this year it will close two of its chicken plants, for which almost 1,700 of its employees will be laid off.. The plants in question are those located in the city of Van Buren, Arkansas, and in Glen Allen, Virginia.
The Glen Allen plant employs 692 people and the Van Buren plant has 969 workers.
The production that was carried out in these two plants will be transferred to other factories of the company.
Tyson said he is helping affected employees find other jobs at the company and is also offering them help moving to other plants.
About this movement, the company sent a statement to CNBC where it said: “While the decision was not easy, it reflects our broader strategy to strengthen our poultry business. by optimizing operations and utilizing all available capacity at each plant.”
It should be noted that these layoffs and closures come after Tyson Foods reported that its revenue was cut in half compared to what it was in 2022.
Tyson Foods is not the only company that has made the decision to lay off large numbers of workers to cut costs and maximize profits.
The McCormick company announced that it would lay off an unknown number of workers as part of its efforts to save $75 million.
PepsiCo also laid off people from the unit that runs its Frito-Lay brand.
Beyond Meat and Impossible Foods cut more than 20% of their workers due to poor sales of their plant-based meats.
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