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Fund Manager Ditches Tyson Foods Over Plan To Lay Off Americans, Hire 42,000 Illegals

FILE - In this July 30, 2001, file photo, a sign marks the entrance to Tyson Foods headquarters in Springdale, Ark. Tyson Foods says it is raising wages to combat absenteeism and worker turnover at its plants as U.S. demand for chicken soars. The Springdale, Arkansas-based company said Monday, May 10, 2021, that absentee rates are around 50% higher than they were before the pandemic. (AP Photo/April L. Brown, File)

A conservative fund manager has pulled investments from Tyson Foods, saying the meat and poultry giant has alienated its consumers by laying off Americans workers and hiring 42,000 asylum seekers.

Bill Flaig, CEO and co-founder of the $79 million American Conservative Values Fund (ACVF), told DailyMail.com that he has divested from Tyson and won’t buy any more stock in the company.

Angry consumers are boycotting Tyson over revelations that the company is shuttering plants and laying off workers while hiring tens of thousands of asylum seekers — and even hiring lawyers for its new recruits.

This decision ‘exposes their shareholders to backlash from one of the most contentious political issues of the day,’ said Flaig.

Click here to read the full story in the Daily Mail. 

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