Layoffs are happening now! First heard 600 to 1,000 but last rumor has it that up 1,100 people are being cut.
It's not rumors anymore, it's a fact. Jobs are being eliminated!
Saw these two posts in an old thread, they were posted yesterday. Thought a bump was needed for info. If anybody has any news, please post here.
It is true! http://www.foodbusinessnews.net/articles/news_home/Financial-Performance/2017/10/Tyson_undergoing_a_time_of_tra.aspx?ID={1D97C17D-1DA9-40F1-96D7-0FB465A34F05}&cck=1
They didn't put Dakota Dunes in there but layoffs happening here also
Have they finished with this round of lay offs or are there more coming? Anyone know which departments are affected? I've met some bigger higher ups who were let go. Wasn't sure how far down it would go.
Any specifics on which corporate segments are getting reduced?
http://www.tysonfoods.com/media/news-releases/2017/09/tyson-foods-boosts-fy2017-eps-guidance-on-strong-beef-segment-performance
http://www.marketwatch.com/story/tyson-shares-jump-after-company-ups-outlook-announces-layoffs-2017-09-28