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Home / Local News / Tyson Foods announces bonuses due to federal tax overhaul

Tyson Foods announces bonuses due to federal tax overhaul

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 language and General Educational Development classes.

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