On Wednesday, Tyson Foods Inc. became the latest large company to announce it’s departure from the city of Chicago following other major businesses as Lori Lightfoot’s reign continues to falter.
Tyson is planning a consolidation of corporate offices, intending to require no layoffs in the shift, the company said. Tyson plans to expand and remodel its headquarters in Arkansas.
“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 and solutions that our customers deserve and value,” Tyson CEO Donnie King said in a release.
As violent crime sweeps Chicago, Mayor Lori Lightfoot is addressing the issue head on with a new approach to law and order: TikTok dancing. pic.twitter.com/LIMTo3moTQ
— American Firebrand (@FirebrandPAC) October 7, 2022
This comes as many major companies are planning to leave the city and heavily criticizing its laws and leadership and crime continues to flourish. Most notably was McDonald’s CEO Chris Kempczinski who gave the Chicago Mayor a needed reality check.
“Everywhere I go, I’m confronted by the same question. ‘What’s going on in Chicago?’ There is a general sense out there that our city is in crisis. The truth is, it’s more difficult today for me to convince a McDonald’s executive to relocate to Chicago from one of our other offices than it was just a few years ago,” Kempczinski said.
In May Boeing Co. announced that it would move its headquarters from Chicago to Arlington, Virginia.
The following month, Caterpillar, a major construction equipment maker, said it was moving its headquarters from the Chicago suburbs to Texas.
Tyson Foods just announced it’s leaving Chicago because of Mayor Lori Lightfoot’s ineptitude in dealing with crime.
Boeing, Caterpillar, and Citadel have similarly closed their Chaicgo-area offices.
Why would any business stay while Lightfoot is still in charge?
🤔
— Paul A. Szypula (@Bubblebathgirl) October 10, 2022
Citadel hedge fund billionaire CEO Ken Griffin alluded to crime as his reason for also recently moving his company’s headquarters to Miami.
The city under Lightfoot is seeing a 37% increase in violent crime when compared to the same period in 2021. To date, more violent crime is being reported in Chicago in 2022 than every year since 2018, according to statistics from the Chicago Police Department.
The number of motor vehicle thefts so far in 2022, when compared to the same period in 2021, has gone up by 74%. The number of thefts reported has increased by 61%.
On Monday, Lightfoot unveiled her proposed City Hall budget, which includes an increase in the Chicago Police Department’s budget by $64 million, and will add 35 positions, according to WTTW.
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