CEO Donnie King said the meat giant is simplifying its structure, focusing on fewer initiatives with greater intensity, and removing duplication of work.
Tyson Foods is cutting jobs, eliminating about 15% of the company’s senior leadership roles and 10% of corporate roles, CEO Donnie King notified employees in a memo on April 26.
Tyson Foods said it is cutting 10% of its corporate jobs and will reduce senior leadership roles by 15% as the Springdale-based meat giant struggles with profitability and looks for ways to reduce costs.