Friday, July 24, 2009

Going back on their word ... again

Granted, the challenges in the economy have resulted in Pilgrim's Pride's need to downsize its operations and lay off personnel.

That said, can we also call them dirty liars now?

Remember when Pilgrim's Pride went on the record with a declaration they wouldn't lay off anyone ...

Ray Atkinson, a spokesman for the company, said the filing will not have a direct impact on jobs. In fact, he said, the company believes the financing supplied through the reorganization plan would allow Pilgrim’s to reinvest and restructure the company.

Pilgrim’s reiterated in a press release that the company has requested permission to continue paying payroll, wages, benefits and other operational expenses. The corporation added that suppliers should expect to be paid for post-petition purchases of goods and services.


Kudos to the Athens Banner-Herald who, in its original reporting last year, suggested layoffs were likely.