Friday, July 14, 2006

Tyson Announces Cuts of 850 Jobs

(Springdale, Arkansas) Sales of beef, chicken and pork are slow. Blame it on avian flu, mad cow, vegetarian activism or the alignment of the planets. Despite the reasons, the world's largest meat producer, Tyson Foods Inc., says it will eliminate 850 jobs in an attempt to prop up the bottom line. Targeted are 420 management jobs and 430 jobs currently unfilled.

No hourly workers are expected to be laid off.

I wonder whether the laid-off managers will complain about no cuts of jobs they won't do.

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