On April 26, Donnie King, the CEO of Tyson Foods, sent a memo to the company’s employees stating that they will be cutting 10% of their corporate positions and 15% of their senior leadership roles.
The memo also mentioned that discussions with affected employees would occur this week.
The company spokesperson stated that these changes would enable Tyson Foods to operate with more speed, collaboration, and agility, focusing on delivering value to customers and consumers.
The company assures that they remain committed to providing resources and support to those affected by these changes.
Last October, Tyson announced plans to move all its corporate employees to one location in Springdale, Arkansas, consolidating their corporate locations in Chicago, Downers Grove, and Dakota Dunes. At the time, Tyson had 6,000 employees in corporate offices and 118,000 workers at their meat plants and warehouses.
The memo also revealed that Tyson’s automation efforts would be integrated into the engineering team. Additionally, the company has undergone some changes in its executive team over the past year, including the firing of Chris Langholz as international group president in August 2022 and the resignation of Noelle O’Mara as president of the Prepared Foods business unit the following month.
In January 2023, the company appointed Wes Morris as the president of its poultry business, and John R. Tyson, the great-grandson of the company’s founder, took on the role of chief financial officer after Stewart Glendinning replaced O’Mara.
Recently, Tyson announced the closure of two poultry processing plants in Van Buren, Arkansas, and Glen Allen, Virginia, resulting in the loss of 1,700 jobs.