Tyson Foods (NYSE:TSN) Reorganizing Emporia Plant

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Tyson Foods (NYSE:TSN) has let a number of employees go from its Emporia plant as part of staff reorganization. Tyson Foods (NYSE:TSN) Reorganizing Emporia Plant The U.S. based food company Tyson Foods (NYSE:TSN) announced that its Emporia plant will lose about 80 employees this week as part of its staff reorganization strategy. The company said that it will remove some positions and create new jobs to cut the workforce to 900 employees. The reason for the lay off is the improved efficiency at other plants to produce meat items, which limited the production and work needed in the Emporia plant. Tyson Foods (NYSE:TSN) media relations director Gary Mickelson said, "While eliminating jobs is always difficult, in this case we believe it will benefit remaining Emporia team members and hopefully give them more work hours each week". Tyson Foods (NYSE:TSN) stocks were at 19.24 at the end of the last day’s trading. There’s been a 14.5% movement in the stock price over the past 3 months. Tyson Foods (NYSE:TSN) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.94 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.07 Zack’s Rank: 2 out of 8 in the industry