Layoff Watch | Layoff notice: Tyson plans mass layoff of 3,200 jobs in Lexington by January 20

Layoff notice: Tyson plans mass layoff of 3,200 jobs in Lexington by January 20

Snippet of Article: "...Tyson Foods has sent formal notice to state labor officials of plans to lay off 3,212 jobs by January 20, 2026.

Tyson announced Friday it is closing its Lexington beef plant due to economic conditions in the beef industry. ..."

Source: ruralradio.com

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Trump Administration Cracks Down on Foreign-Owned Meat Packing Cartels

Snippet of Article: "...For too long, a handful of giant meat packers have squeezed America’s cattle producers, shrunk herds, and jacked up prices at the grocery store. By examining whether these companies have violated antitrust laws through coordinated pricing or capacity restrictions, this investigation will root out any illegal collusion, restore fair competition, and protect our food security.

The “Big Four” meat packers — JBS (Brazil), Cargill, Tyson Foods, and National Beef — currently dominate 85% of the U.S. beef processing market, up from just 36% in 1980. Two of these companies, including the largest meat packer in the world, are either foreign-owned or have significant foreign ownership and control. ..."

Source: www.whitehouse.gov

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