dt10111

Tyson Foods to Eliminate Corporate, Senior Leadership Positions

April 27, 2023
Overhaul continues as meat processor works to get costs under control in the face of significant market headwinds.

In its latest maneuver to get back on track after a woeful start to 2023, Tyson Foods will eliminate 10% of corporate positions and 15% of senior leadership jobs, according to reports.

The announcement was made to employees by CEO Donnie King in a memo subsequently shared with various news outlets. The memo explained that most affected employees would be notified this week.

The eliminated senior leadership roles reportedly comprise mostly vice presidents and senior vice presidents. In addition, a spokesperson said that the reduction in corporate roles was not due to the move by Tyson to close its corporate offices outside Arkansas and relocate employees to its Springdale headquarters, which led to some employees choosing to leave the company.

Tyson has been working to rebound from a first quarter in which it was “hit in the mouth,” as King now-famously said in the company’s Q1 quarterly call with analysts. In January, Wes Morris replaced David Bray as president of the company’s poultry business, and in March, Tyson announced the closure of two processing plants in Van Buren, Ark., and Glen Allen, Va., laying off approximately 1,700 employees.

About the Author

Andy Hanacek | Senior Editor

Andy Hanacek has covered meat, poultry, bakery and snack foods as a B2B editor for nearly 20 years, and has toured hundreds of processing plants and food companies, sharing stories of innovation and technological advancement throughout the food supply chain. In 2018, he won a Folio:Eddie Award for his unique "From the Editor's Desk" video blogs, and he has brought home additional awards from Folio and ASBPE over the years. In addition, Hanacek led the Meat Industry Hall of Fame for several years and was vice president of communications for We R Food Safety, a food safety software and consulting company.

Sponsored Recommendations

Refrigerated transport services you can count on

Ensure product quality from origin to final destination with refrigerated shipping solutions from Schneider.

4 shipping challenges that a dedicated carrier can solve

Navigating the logistics industry is challenging. Find out how a dedicated transportation solution can solve some of the most common shipping challenges.

Dedicated lightweight solution maximizes bottled water payload

A leading bottled water company needed a carrier to transport water from 29 plants to retailers. The challenge? Handling over 46,000 pounds. Read the study.

Recipe for successful growth: Schneider’s dedicated fleet services helps bakery rise

Learn how a large bakery company complimented their private fleet with Schneider Dedicated freight services to increase freight capacity, amplify visibility & reduce costs.