It's tough when a long-standing operation like smithfield's vernon plant, over 90 years, has to close its doors. we're talking about 1,800 jobs lost, a significant impact on families and the community. the rising costs in california clearly presented... — read more
Spin-off approved by shareholders
Nearly 99.4% of WH Group shareholders voted in favor of the spin-off of Smithfield Foods, allowing the company to be listed as a separate entity in the U.S. The exact spin-off date and whether it will be listed on NYSE or Nasdaq are yet to be... — read more
Smithfield Foods layoffs August 2018
Smithfield Foods is closing Clayton facility and laying off over 100 people as a result of that. While the layoffs have been announced this month, people will actually continue to work until sometime in October. I guess that gives them enough time to... — read more