Tyson Foods Announces Closure of Major Beef Processing Plant in Nebraska, Impacting Thousands of Jobs
Tyson Foods has announced the closure of its significant beef processing facility in Lexington, Nebraska, citing dwindling cattle supplies and mounting losses, estimated at $600 million. The shutdown will result in the layoff of approximately 3,200 workers, with operations scheduled to cease by January 20. Local leaders and residents have expressed deep regret over the decision, calling for opportunities to support the affected workforce. The company is also making adjustments to its operations in Texas and restructuring its beef business network as part of its strategic response to current market pressures.
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