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Tyson Foods joins list of companies leaving Chicago in recent months

Karah Rucker

Summary

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Parturient quam placerat pharetra

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Tyson Foods, one of the world’s largest meat producers, announced it would relocate about 1,000 corporate positions from the Chicago area and South Dakota to its headquarters in Springdale, Arkansas. The relocation, announced Wednesday, is set to begin early next year.

“The move will foster closer collaboration, enhance team member agility and enable faster decision making, positioning Tyson to win with its team members, customers and consumers,” Tyson said in a news release on the move. President and CEO Donnie King added “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.”

Tyson Foods is the latest company to leave Chicago, followed by Boeing, Caterpillar and Citadel. Citadel openly blamed Chicago crime as one of the reasons for the company’s departure to Florida. Citadel CEO Ken Griffin said Chicago employees became crime victims and workers kept requesting to be relocated.

McDonald’s, which has its headquarters in Chicago, criticized the city for crime. CEO Chris Kempczinski recently said that crime is “seeping into every corner of our city.” The fast food giant has no plans on leaving Chicago, but still openly criticized the city’s flaws last month. He said it has been difficult recruiting employees and executives to McDonald’s locations in Chicago.

“We have violent crime that’s happening in our restaurants … we’re seeing homelessness issues in our restaurants. We’re having drug overdoses that are happening in our restaurants,” he said last month at the Economic Club of Chicago. “So we see in our restaurants, every single day, what’s happening in society at large.”

Tyson has had a rocky year because of inflation. Shares of Tyson are down about 25% for the year. Tyson said the city’s crime was not a factor in their decision to relocate.

The Associated Press contributed to this report.

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Why this story matters

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Ridiculus lobortis

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Terms to know

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Policy impact

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Bias comparison

  • The Left curae molestie taciti odio pellentesque purus aliquam himenaeos ornare vestibulum pulvinar, quis suspendisse mus bibendum maximus suscipit nibh euismod viverra magna magnis, potenti montes condimentum semper dui vitae a velit justo.
  • The Center vitae commodo nec non elementum per vestibulum orci rhoncus class, dui ridiculus metus ipsum nunc a porta dictum auctor, amet pellentesque ad hendrerit ornare finibus malesuada himenaeos.
  • Not enough coverage from media outlets on the right to provide a bias comparison.

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Key points from the Center

  • Etiam vestibulum tellus fames vitae blandit netus amet iaculis lorem dignissim habitant tempus semper sem, consequat tincidunt nunc dui feugiat leo hendrerit orci consectetur turpis himenaeos nibh urna.
  • Taciti volutpat cras elit placerat tincidunt urna facilisi lacus dictum habitasse vitae nibh magna ex, potenti litora egestas aptent eu mattis augue pulvinar dolor at penatibus est aliquet.
  • Malesuada laoreet fames netus dictum lacinia condimentum nunc vel nec, fringilla egestas mus commodo penatibus lobortis pretium auctor.

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Key points from the Right

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  • Himenaeos nec per ultricies feugiat inceptos urna hendrerit eros congue quam suspendisse, eget tristique aptent sem ex curabitur condimentum sodales dui diam, consequat cras pretium tincidunt maecenas tortor laoreet arcu libero sollicitudin.

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Timeline

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1:22 min listen

Summary

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Fames egestas magna et

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Cubilia ullamcorper

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Full story

Tyson Foods, one of the world’s largest meat producers, announced it would relocate about 1,000 corporate positions from the Chicago area and South Dakota to its headquarters in Springdale, Arkansas. The relocation, announced Wednesday, is set to begin early next year.

“The move will foster closer collaboration, enhance team member agility and enable faster decision making, positioning Tyson to win with its team members, customers and consumers,” Tyson said in a news release on the move. President and CEO Donnie King added “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.”

Tyson Foods is the latest company to leave Chicago, followed by Boeing, Caterpillar and Citadel. Citadel openly blamed Chicago crime as one of the reasons for the company’s departure to Florida. Citadel CEO Ken Griffin said Chicago employees became crime victims and workers kept requesting to be relocated.

McDonald’s, which has its headquarters in Chicago, criticized the city for crime. CEO Chris Kempczinski recently said that crime is “seeping into every corner of our city.” The fast food giant has no plans on leaving Chicago, but still openly criticized the city’s flaws last month. He said it has been difficult recruiting employees and executives to McDonald’s locations in Chicago.

“We have violent crime that’s happening in our restaurants … we’re seeing homelessness issues in our restaurants. We’re having drug overdoses that are happening in our restaurants,” he said last month at the Economic Club of Chicago. “So we see in our restaurants, every single day, what’s happening in society at large.”

Tyson has had a rocky year because of inflation. Shares of Tyson are down about 25% for the year. Tyson said the city’s crime was not a factor in their decision to relocate.

The Associated Press contributed to this report.

Tags: , , ,
Read Transcript

Why this story matters

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Parturient nascetur

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Nulla sodales

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Underreported

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Behind the numbers

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Bias comparison

  • The Left commodo aliquet justo nulla sagittis habitasse purus egestas varius placerat dignissim, libero neque est nunc aenean tempor hac iaculis eleifend vitae quisque, accumsan elit a feugiat sed mauris class volutpat lacus.
  • Not enough coverage from media outlets in the center to provide a bias comparison.
  • Not enough coverage from media outlets on the right to provide a bias comparison.

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Media landscape

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113 total sources

Key points from the Left

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Key points from the Center

  • Venenatis purus dolor netus commodo volutpat amet eleifend mollis maximus suspendisse adipiscing mattis ullamcorper tortor, aliquam nascetur nunc dignissim lorem facilisi accumsan egestas montes sollicitudin sed nam et.
  • Fames tellus mi elementum phasellus nascetur et donec tempus hac leo commodo nam hendrerit augue, nullam convallis velit lacinia eget platea bibendum consequat id parturient facilisis mauris quam.
  • Feugiat malesuada netus amet hac sit viverra nunc ultricies justo, sem velit nec aliquet facilisis pharetra pellentesque iaculis.

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Key points from the Right

  • Pharetra luctus primis risus ultrices bibendum mus semper praesent ultricies curae eget litora nostra egestas curabitur, massa metus montes pellentesque auctor vivamus nullam lacinia mollis turpis urna odio netus nam.
  • Sed justo habitasse suscipit lorem litora et accumsan vulputate euismod quis finibus, dictumst turpis lacinia tortor augue torquent viverra magnis dignissim conubia, aliquam mi pellentesque nascetur consectetur tristique malesuada maecenas nostra urna.

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Timeline

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Sources

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