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Stock impact report

Nebraska hospital CEO said Tyson Foods made ‘spreadsheet decision' in closing beef plant [Yahoo! Finance]

Tyson Foods, Inc. (TSN) 
Last tyson foods, inc. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
spreadsheet line and will cause a ripple effect not just on those who lost their jobs but to the community as a whole. Jason Douglas, the chief executive officer of the Lexington Regional Health Center in Lexington, Neb., penned an open letter on Dec. 14 to the Tyson Foods Board of Directors, CEO Donnie King and Board Chairman John H. Tyson after the company decided in November to close the city's beef processing facility , eliminating 3,200 jobs. The decision came after Tyson said it planned to “right-size” its beef operations and strengthen long-term performance. Talk Business & Politics reported last month that Tyson's beef segment posted a record $1.135 billion loss in fiscal 2025, or $426 million adjusted. Tyson noted in its announcement about the plant's closure that it recognized the impact of its decision, saying it was committed to supporting its team members “through this transition, including helping them apply for open positions at other facilities and providing relo Show less Read more
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