Do you really think that executives are that stupid to leak info about layoffs in Austin.
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I predict Hormel and subsidiaries will announce layoffs on 5/24/17 just shy of the earnings call. Subsidiaries will take the brunt.
This was in 2015:
http://www.nydailynews.com/life-style/health/bird-flu-leads-hormel-layoffs-extra-330-million-gove-article-1.2212325