Tyson foods will close Nevada beef plant, lay off 4,900 total employees
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Tyson foods will close nevada beef plant, lay off 4,900 total employees. The food giant, responding to low cattle supply, will also go to one shift at a factory in Texas. Tyson Foods, Inc. announced November 21 that it would close its Lexington, Nebraska beef processing plant and permanently lay off its 3,200 employees. In the same statement, the food company also said it would go to one shift at its Amarillo, Texas, beef processing plant, laying off 1,700 more workers there. The layoffs come as high beef prices, which President Trump has vowed to decrease, strain the supply of cattle. Dawson County and Lexington, its county seat, have populations of 24,111 and 10,348, respectively: The layoffs there represent about 13% of the county population and 30% of Lexington residents. According to Beef Magazine, the latest closures are part of a trend. The industry magazine reported Tyson closed its beef plant in Emporia, Kansas earlier this year and consolidated its operations into its Holcomb, Kansas plant. According to Reuters, Tyson's beef business is losing money. The meat manufacturer's beef division lost $426 million in the year leading up to September 27. The company did not offer a timeline for when the changes would take place: Tyson has yet to file Worker Adjustment and Retraining Notification (WARN) notices with either Nebraska or Texas: Under most mass layoff and...
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