Farm Products

Employment trends and layoff analytics for the Farm Products industry.

4,900
Total Affected
Since Jan 2024
1
Layoff Events
Across all companies
1
Companies
With layoffs
4,900
Avg per Event
Employees affected
0
Confirmed
Company verified events
1
Multi-Source
Multiple source verification
0
Severance Data
With severance information

Layoffs Over Time

By Sector

Consumer Defensive
4,900

Most Common Reasons

Tyson Foods is closing its Lexington, Nebraska beef plant (3,200 employees) and reducing a shift at its Amarillo, Texas facility (1,700 employees), affecting a total of 4,900 workers. The closures are driven by significant financial losses in the beef segment, projected at up to $600 million in fiscal year 2026 following a $720 million loss over the preceding two years, primarily due to dwindling U.S. cattle supplies at their lowest levels in nearly 75 years.
1 event

Most Affected Departments

Beef Business
4,900
Meat Processing Plants
4,900

Most Affected Locations

Lexington
4,900
Nebraska
4,900
Amarillo
4,900
Texas
4,900

Recent Layoff Events

DateCompanyEmployeesReason
Nov 21, 20254,900 (3.7%)
Tyson Foods is closing its Lexington, Nebraska beef plant (3,200 employees) and reducing a shift at its Amarillo, Texas facility (1,700 employees), affecting a total of 4,900 workers. The closures are driven by significant financial losses in the beef segment, projected at up to $600 million in fiscal year 2026 following a $720 million loss over the preceding two years, primarily due to dwindling U.S. cattle supplies at their lowest levels in nearly 75 years.