Tyson Foods to Cut 262 Non-Relocating Workers

The layoffs remove some key executives at a time the U.S. meatpacker is seeking to cut costs in the face of easing demand from cash-strapped consumers and high costs for basics like cattle. Tyson said in October it would relocate all corporate employees from offices in Dakota Dunes, South Dakota, along with those in Chicago and Downers Grove, Illinois, to its headquarters in Springdale, Arkansas. The Dakota Dunes office has about 500 employees total, according to the company, meaning only about half agreed to make the move. Tyson said it...