Tyson Foods announces bonuses due to federal tax overhaul
February 9, 2018
SPRINGDALE, Ark. (AP) — Arkansas-based Tyson Foods Inc. says more than 100,000 employees will receive bonuses as a result of company savings due to the overhaul of federal tax laws.
Tyson said Thursday that full-time employees who do not receive an annual bonus will get $1,000 and part-time workers who receive no annual bonus will get $500.
Tyson President and CEO Tom Hayes said in an email to employees the company expects to save over $300 million in taxes. He said the remaining funds will be used in areas such as improving training and education, including teaching English as a second l...