Tyson Foods to shut two US chicken plants with nearly 1,700 workers

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Tyson Foods Inc will close two U.S. chicken plants with almost 1,700 employees on May 12, the company said on Tuesday.

last year that demand for chicken would be strong at supermarkets in November and December, Chief Executive Donnie King said on a quarterly earnings call last month. In January, the company replaced the president of its poultry business.

"There's been a lot of investor pressure to management about improving the chicken margins," Sundaram said.Overall sales missed analyst estimates for the quarter ending Dec. 31, when total operating margins dropped to 3.5% from 11.3% a year earlier. The company at the time said the current quarter would be weaker than the end of 2022.

Tyson had about 124,000 U.S. employees as of Oct. 1, including 118,000 workers at non-corporate sites like meat plants, regulatory filings show. In October, the company said it would relocate all corporate employees to its headquarters in Springdale, Arkansas.

 

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BidensAmerica

I heard that chicken farmers were planning to inject all birds with mrna vaccine so all the healthy birds will die and only synthetic mrna ones will be alive for food for us killing off all the pure bloods

Would definitely not affect the chicken prices in stores

I am so sorry for the workers and their families. But this may provide better productivity for Tyson Foods and the Group’s net profit can increase this year, so this will prevent shutting down of more factories next years

So much about a booming economy. The white house lives in a fairy tale.

But don’t they know the economy is great and unemployment is historically low? 🙃

Hate Tyson chicken 🤮

Never buy that brand again

They are doing everything possible to destroy everything. Just keep watching Pro sorts like some Dopes!!

Biden's economy

TheMaverickWS

really happy to watch the military trying to provoke ww3 with hundreds of billions of dollars while America crumbles. Tax dollars really well spent. Give zelensky more money we don't need it!

Who needs food.

Don’t mess with the Chicken Nuggets!

Their CFO pass out in someone’s house again?

BS

Omg no more Buffalo wings

Strange that I see no mention of bird flu.

neverlosetruth

africaupdates Right b4 inspectors arrived prolly 🤭🫣

Taking their money and running before regulation enforcement catches up with them.

Charging us more, but still not making enough money on feeding us so laying people off. Shameful chasing of increasing profit margins on food. Not that they’re not profiting, but that it’s not ENOUGH profit. Gross.

Lock up the owners and then we’ll end illegal immigration.

Biden's economy

You got a love that build back better bullshit

Dang, did they run out of kids to underpay?

Wellllllllll, that's what happens when you price gouge and people stop buying your fkg chickens and eggs.

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