Layoff Details
- Reason
- 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.
- Affected Locations
- LexingtonNebraskaAmarilloTexas
- Affected Departments
- Beef BusinessMeat Processing Plants
Stock Performance Around Layoff
Sources (4)
2
Tyson Foods closing Lexington beef plant, cutting amarillo shift amid big losses - The Economic Times
The Economic Times • November 22, 2025 90% credible
3
Tyson to Cease Operations at Nebraska Beef Plant - TT
Transport Topics • November 21, 2025 90% credible
4
UFCW Statement on Closure of Lexington, NE Tyson Foods Beef Plant | American Ag Network
American Ag Network (UFCW Statement) • November 23, 2025 85% credible
Recent Tyson Foods, Inc. News
Tyson Foods (TSN) is Doing All It Can to Make Money, Says Jim Cramer - Finviz
Finviz • Jan 1
Tyson Foods Reports Fourth Quarter and Fiscal 2025 Results - Tyson Foods
Tyson Foods • Nov 10
Cwm LLC Purchases 64,368 Shares of Tyson Foods, Inc. $TSN - MarketBeat
MarketBeat • Dec 31
China Slaps Curbs on U.S. Beef — Will Tyson Foods Stock (TSN) Feel the Squeeze in 2026? - TipRanks
TipRanks • Dec 31
Stock Price
$58.47
TSN
↑ 0.38% day
Company Info
- Website
- www.tysonfoods.com
- Industry
- Farm Products
- Sector
- Consumer Defensive
- Headquarters
- Springdale, AR, United States
- CEO
- Mr. Donnie D. King
- Employees
- 133,000
Event Snapshot
Employees Affected 4,900
Percent of Workforce 3.7%
Verification VERIFIED
No other canonical layoff events recorded for this company.
Financials
Market Cap $20.68B
Disclaimer
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