Thursday, October 6, 2022

Chicago loses another corporate headquarters

By Tom Polansek - Yesterday 11:36 AM

CHICAGO (Reuters) - Tyson Foods Inc is joining other corporate heavyweights in moving jobs out of Illinois.

The biggest U.S. meat company by sales said on Wednesday it will relocate all corporate employees from offices in Chicago and suburban Downers Grove, along with those in Dakota Dunes, South Dakota, to its headquarters in Springdale, Arkansas. 

It is the latest shakeup for Tyson, which has about 1,000 corporate employees in the Chicago-area and South Dakota offices. Overall the meat company has about 120,000 U.S. employees, with about 114,000 of those working in production plants.

Tyson will begin a "phased relocation" of the corporate employees early next year, according to a statement. It said the move will "foster closer collaboration, enhance team member agility and enable faster decision making."

Members of the Tyson family, which founded Tyson Foods, and several top executives have long been based in Arkansas.

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