The world’s largest processor and marketer of chicken, beef, and pork, Tyson Foods, Inc. plans to implement approximately $200 million in cost reductions which will include the loss of approximately 420 jobs.

The company, which employs 114,000 people world-wide, plans to eliminate approximately 420 positions primarily held by Tyson management and management support workers.

Another 430 jobs that are currently open will not be filled and will be eliminated.

The cuts include approximately 140 positions currently held in northwest Arkansas and 90 in Dakota Dunes, South Dakota and Dakota City, Nebraska. The remaining positions will be at various locations throughout the company. The company is also eliminating the services of 40 outside consultants.