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Monday, October 10, 2022

Tyson Foods Leaving Chicago -- October 10, 2022

Back in 2017, the Fortune 500 companies in Illinois at this link

Since then, at least three have left: Caterpillar, Citadel and Boeing.

Now a fourth large company is leaving Chicago: Tyson Foods. Link here.

The poultry producer said Wednesday that it's bringing together its corporate employees at its global headquarters in Arkansas, resulting in the closure of three offices, including downtown Chicago, Downers Grove, Illinois, and Dakota Dunes in South Dakota
Roughly 1,000 employees work in the three offices and will begin relocation in early next year.

"Bringing our talented corporate team members and businesses together under one roof unlocks greater opportunities to share perspectives and ideas, while also enabling us to act quickly to solve problems and provide the innovative products solutions that our customers deserve and value," said CEO Donnie King in a release.

Tyson's move serves another blow for Chicago's image. McDonald's, which has its headquarters there, criticized the city for crime. CEO Chris Kempczinski recently said that crime is "seeping into every corner of our city" and he said that he's frequently asked "what's going on in Chicago?"

There may be some "back to office" issues, also, with the pandemic now over. 

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