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JBS, the world’s largest meatpacker, announced the closure of the plant in Brazil’s Rondonia State, the second in less than a year, due to lack of cattle.
The first plant shuttered down was the one in Sao José dos Quatro Marcos, in the second half of May. Around 650 workers had to be laid off in that case while this time a spokesman from the company said the 267 workers in Rondonia State have been offered a transfer to other locations. According to the JBS Chief Executive Officer, Wesley Batista, the first few months of the year were “quite challenging” in Brazil, due to the high cattle prices and the lack of cattle ready for slaughter. Despite it all, the company’s overall profits soared to a quarterly record.comments powered by Disqus