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Stock impact report

Fact Check: Tyson Foods did not say it wants to hire 42,000 ‘illegal' workers [Reuters]

Tyson Foods, Inc. (TSN) 
Last tyson foods, inc. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: Reuters
An executive for meat producer Tyson Foods said in an interview the company expects to hire 52,000 people in 2024 due to high turnover in its workforce of over 100,000 U.S. employees, not that Tyson would hire thousands of “illegal immigrants” to replace 1,200 workers at an Iowa plant it's closing, as suggested by social media posts. A Facebook post , opens new tab says: “Tyson foods fired 1200 American workers so they could hire 42000 illegal immigrants. Boycott Tyson!” However, the posts repeat misinterpretations in a now-redacted article citing the executive's comments about a small number of asylum seekers, authorized to work in the U.S., which the company did hire. The company responded to the posts in a statement on its website , opens new tab saying: “Any insinuation that we would cut American jobs to hire immigrant workers is completely false.” TYSON PLANT CLOSURES Tyson Foods announced on March 11 that it will permanently close a pork plant in Perry, Iowa, in June, Show less Read more
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