Tyson Foods is closing several of its corporate offices across the country as rising costs pressure the meat giant’s bottom line after two years of soaring profit margins.
Tyson said Wednesday that it is closing offices in Chicago, Downers Grove, Ill., and Dakota Dunes, S.D., which currently house many of its prepared-foods and beef-division employees. Employees will be given the chance to relocate to the company’s Springdale, Ark., headquarters in early 2023. Roughly 1,000 employees work in the two Illinois offices and the Dakota Dunes location, the company said.