Tyson Foods plans to terminate 262 employees at its Dakota Dunes, South Dakota location. For those employees who chose not to relocate to the company's headquarters in Springdale, Arkansas, the last day of work is anticipated to occur on July 31.
In October 2022, Tyson announced plans to bring together all its corporate team members from the Chicago, Downers Grove and Dakota Dunes area corporate locations to Arkansas. At that time, the firm said the move would "foster closer collaboration, enhance team member agility and enable faster decision making."
In a letter to South Dakota officials on May 26, Jamison Smith, vice president of human resources for Tyson Foods, said "all affected team members were offered the opportunity to move to Springdale, but many team members have chosen not to make the move. We respect this personal and difficult decision made by each individual and want to ensure they receive as much support as possible as they transition in their careers."
According to the Sioux City Journal, the Dakota Dunes facility has approximately 500 employees.
Affected positions include group president fresh meats, head of sales for pork and beef and senior vice president pork.
Last month the company released weaker-than-expected Q2 2023 results, reporting a $97 million net loss versus a $829 million profit in Q2 2022.
Beef and pork sales year over year were down 5.4% and 10.3%, respectively, while chicken sales compared to the same quarter last year were 2% higher.