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Tyson reportedly plans to lay off workers at its Wilkesboro, North Carolina, plant because less is needed to process the company’s fully cooked products, according to national broadcaster NBC’s WXII.
While WXII couldn’t say precisely how many jobs would be lost, it said Tyson plans to help affected staff find other positions.
Meanwhile, the Wilkes Record newspaper reported, citing anonymous sources, that between 400 and 1,000 jobs may be eliminated at the Wilkesboro site.
Fox 8 also aired the report, along with a Tyson spokesperson:
“Due to developing demand, we are moving production to our Wilkesboro, North Carolina, facility to support our fully baked Tyson products. As a result of those procedural changes, fewer positions will be needed at the facility,” he said.
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“Our priority is the team members impacted by this update and we are collaborating with them to provide additional opportunities at Tyson Foods.
Just Food asked Tyson, which is based in Arkansas, to verify the plans and provide comments.
The latest job loss news follows March plans to close a Tyson red meat plant in Perry, Iowa.
A document issued by the Worker Accommodation and Retraining (WARN) Act said 1,276 positions would be eliminated before the June shutdown.
In November last year, Tyson, owner of the Jimmy Dean and Hillshire Farm brands, announced plans for two of its ready-to-use meat production facilities. The affected sites were in Jacksonville, Florida, and Columbia, South Carolina.
Three months earlier, Tyson had announced plans to build four domestic poultry plants due to slowing demand and falling profits. The affected plants included two in Missouri, one in Indiana and one in Arkansas.
In March 2023, Tyson announced the closure of two poultry plants in Virginia and Arkansas, which combined hired more than 1,600 people.
Tyson released its third-quarter earnings results last week, in which CEO Donny King noted a “shift” as the company raised its operating profit outlook.
Operating revenue source of $341 million compared to a loss of $350 million the prior year, while adjusted operating revenue source of $491 million increased 174% year-over-year.
The third-quarter $13. 35 billion rose from $3. 14 billion a year earlier, beating analysts’ estimates of $13. 24 billion.
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