Big companies keep leaving Chicago. What's going on? | CNN Business

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Tyson Foods is the latest company closing its Chicago offices, joining Boeing, Caterpillar, and Citadel, among others. So what's going on?

The poultry producer said Wednesday that it’s bringing together its corporate employees at its global headquarters in Arkansas, resulting in the closure of three offices, including downtown Chicago, Downers Grove, Illinois, and Dakota Dunes in South Dakota. Roughly 1,000 employees work in the three offices and will begin relocation in early next year.

” He said it’s difficult to recruit people to work at the company’s headquarters, noting: “One of the things that I hear from our employees [is] … ‘I’m not sure it’s safe to come downtown.’” McDonald’s said it’s staying in Chicago, but other companies that are leaving the city have been less forthcoming about their reasons. In an email to CNN, Tyson said the move out of Chicago was not related to crime.

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Democrats that's the problem !

Just another city destroyed by Democrats is what's going on.

Are you sleeping under a rock?

Great job chicagosmayor !

Companies negotiate huge tax abatements for a specified period of time. When those abatements end, they move elsewhere so they can enjoy another round of abatements in their new facilities.

You know what's going on,

Surprised.

patersonjeff Wonder what this means for all the TSN broadcasters

FYI, Caterpillar is based in Peoria, not Chicago. It’s called journalism, give it a shot sometime.

Do you really need to ask?

So what’s going on? I don’t know. I have no idea. If only there were a journalist around to answer this for me. lorilightfoot chicago democrats

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Another blow for Chicago as major company announces plans to move corporate jobs out of Windy CityTyson Foods is leaving the Chicago area for Arkansas.
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