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Stock impact report

Tyson Foods to shut down Georgia prepared food plant, laying off 168 employees [CBS News]

Tyson Foods, Inc. (TSN) 
Last tyson foods, inc. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: CBS News
According to a notice posted to Georgia's WARN Act database, the company plans to close its plant on Darlington Drive, which is operated under The Hillshire Brands Company, on May 31. The notice shows that all 168 workers employed at the plant will be laid off. The WARN Act, or Worker Adjustment and Retraining Notification Act, requires certain employers to give advance notice of large layoffs or closures, giving workers time to prepare for job loss. In a release shared to CBS News Atlanta, a spokesperson for the company called the closure a "difficult decision." "The facility has operated under a unique single-customer model, but recent changes have made continued operations at the site no longer viable," the spokesperson said. "We recognize the impact this has on our team members and the Rome community. Supporting our people is our top priority, and we are encouraging impacted team members to apply for other roles within the company while working with state and local partners Show less Read more
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