Mayor of Minneapolis PANICS After 155-Year-Old Company CHOOSES Texas Over Minnesota! [Cargill]

Historical Finance ^ | January 26, 2026 | Historical Finance

[an amused spectator]

It is to laugh - the Democraps are taxing their businesses out of the state to continue The Somali Walz.

10:58 long

[an amused spectator]

Natasha Owens sings the Somali Walz

https://www.yout-ube.com/watch?v=LCqL8_9NOxg

Starring the b******-f*****, Easy Ilhan.

[an amused spectator]

https://www.yout-ube.com/watch?v=LCqL8_9NOxg

[ConservativeMind]

Their HQ has not moved, from what I can tell.

[Liz]

Cargill is is undergoing a major, long-term restructuring that includes significant job cuts
at its Wayzata, Minnesota headquarters. Here are the key details regarding the situation:

As of October 2025, Cargill is laying off 80 employees at its Wayzata, MN headquarters,
following a previous reduction of 475 local jobs announced in late 2024.

Global Restructuring: These cuts are part of a broader, company-wide initiative to reduce its global workforce of 155,000 by 5% (roughly 8,000 employees) due to falling profits and a “farm sector slump”.

Strategy Shift: The restructuring involves shrinking from five business units down to three to focus on food, farming, and trade, as part of a 2030 strategy.

Cargill Expansion Elsewhere:

While reducing staff in Minnesota, Cargill announced in June 2024 that it is opening an office hub in Atlanta, Georgia, which is expected to create 400 jobs, primarily in technology and innovation.

Cargill, the largest privately held U.S. company, remains headquartered in the Twin Cities, but is cutting corporate roles to streamline operations.

[lodi90]

While reducing staff in Minnesota, Cargill announced in June 2024 that it is opening an office hub in Atlanta, Georgia, which is expected to create 400 jobs, primarily in technology and innovation.

---

How many of those jobs in Atlanta are H-1B?

[E. Pluribus Unum]

Transcript Summary

The transcript is a narrative video script (likely from a conservative commentator or similar source) criticizing Minnesota's business climate, using Cargill as a prime example of a historic Minnesota company shifting investment and jobs away from the state due to high taxes and regulations.Key points from the transcript:

• Cargill's history and importance: Founded in 1865 in Iowa, moved HQ to Minnesota in the 1870s. It's the largest private U.S. company, with ~160,000 employees in 70 countries, ~$154-160 billion annual revenue (figures vary slightly by year), and world HQ in Minnetonka/Wayzata, Minnesota. The Cargill family owns ~90%. It supports Minnesota agriculture by buying massive amounts of corn/soybeans from local farmers and paying hundreds of millions in wages.
• Recent investments in Minnesota: $60 million HQ renovation and $35 million in research centers (noted as older investments).
• Job cuts in Minnesota: 555 total in 1 year — 475 (announced Dec 2024, effective early 2025) + 80 (announced Oct 2025, effective Dec 2025) at the headquarters/office center. These are part of a global 5% workforce reduction (8,000 jobs worldwide) amid restructuring, lower commodity prices, and missed earnings goals. The transcript frames them as targeted cuts in Minnesota while growth occurs elsewhere.
• Shifting investments: Cargill built a new corn syrup refinery in Fort Dodge, Iowa; moved its protein group HQ to Wichita, Kansas; and expands operations in other states. Broader pattern: Minnesota companies (including Cargill) invested $4.6 billion in states like Florida, Indiana, Colorado, and Texas (2020-2022), contributing to a $6.6 billion net investment deficit (per Minnesota Chamber of Commerce report, based on fDi Markets data showing more outbound than inbound projects/jobs/capital).
• Blamed causes: Minnesota's 9.8% corporate income tax rate (highest in the U.S., per Tax Foundation rankings, where Minnesota ranks near the bottom for corporate taxes and overall business climate). High regulations, mandated programs, and 2023 tax increases (~$10 billion over 4 years despite surplus). Competitors like Iowa (cut to 5.5%), North Carolina (to 2.5%), and states with no corporate tax (e.g., Texas, Florida) are more attractive.
• Broader context: Cargill's CEO testified on competitiveness issues. Similar trends with other MN companies (e.g., Target, Best Buy, 3M layoffs; Medtronic HQ move). Site selectors reportedly avoid Minnesota for new projects due to taxes, labor issues, and climate.

Factual alignment (based on recent reports): The job cut numbers (475 + 80 = 555) match verified announcements from Cargill to Minnesota authorities, tied to industry-wide ag slump (low crop prices, etc.), not explicitly to taxes.

The Chamber's 2023 report confirms the $6.6 billion deficit and outbound investments. Minnesota's corporate tax is indeed 9.8% (top marginal, highest or near-highest nationally in recent rankings). Some Cargill expansions (e.g., Iowa refinery in 2022, Kansas moves) are documented, though many U.S. investments span multiple states for operational reasons.Overall message:

The script argues Minnesota's high-tax, high-regulation policies are driving away homegrown success stories like Cargill, costing local jobs and investment, despite the company's continued presence and profitability. It portrays this as a policy failure harming workers and agriculture, contrasting with states that cut taxes to attract business.

[bigbob]

Medtronic and Seagate moved their HQs to Ireland. Honeywell, Burger King and Purina did so long ago.

But they still have Target.

[Liz]

How many of those jobs in Atlanta are H-1B?

---

Cargill does hire and sponsor international candidates for certain roles. There are active listings in Atlanta for “Senior Product Manager - Data Platform,” “Data Engineer,” and “Software Engineer”.

Recent data indicates that Cargill Incorporated US has a high approval rate for H1B Labor Condition Applications (LCAs).

While many professional roles allow for sponsorship, some, particularly in production, explicitly state, “Must be eligible to work in the United States without visa sponsorship”.

The company is currently hiring for numerous professional, IT, and engineering positions in Atlanta.

[an amused spectator]

Thanks, man. 😊

[xxqqzz]

Needs a high corporate income tax to pay billions to Somali learing centers, etc.

[FreedomPoster]

Atlanta has developed a HUGE Indian population over the last 25-30 years.

[an amused spectator]

“But they still have Target”

https://www.minnpost.com/glean/2025/10/target-plans-massive-downsizing/

October 24, 2025
The Minnesota Star Tribune reports that Target Corp. will cut 1,800 positions from its corporate headquarters, which represents around 8% of the company’s global team. “The Minneapolis-based retailer said changes were not made to cut costs but to make Target’s operations more agile and improve decision-making.”

The rainbow DEI crowd is saddened.

[an amused spectator]

Looks like Cargill is learing its lesson.

[mozarky2]

Cargill has a turkey processing plant near me. The poultry producers are in the process of automating their plants, putting literally thousands of Hispanic workers (legal or not) out of work!
I’m in NW Arkansas; Wal Mart and Tyson ground zero. These automations will change everything here, from Hispanics and Marshall Islanders working in local poultry plants to the Somalians working in nearby, out of state poultry plants.
I will admit the influx of Hispanics has been beneficial in some ways to our local economy (the Hispanics number some great entrepreneurs among their ranks), BUT, domestic abuse and drunk driving has exploded here over the last 30 years.

[an amused spectator]

Thanks for the Arkansas report!

[Does so]

Ditto...

[sten]

just require they do not bring any dems to texas

[DAC21]

"Target will cut 1,800 positions from its corporate headquarters, which represents around 8% of the company’s global team. “The Minneapolis-based retailer said changes were not made to cut costs but to make Target’s operations more agile and improve decision-making"

SUUUUURE that's the ticket

[FLT-bird]

When I worked for Medtronic and lived in Minneapolis for 2 years from 2005 to 2007, I was stunned by how many big companies had their headquarters in Minneapolis. The place had a very good job market for White Collar jobs. The winters were unbearable but the job market was good. Like all Blue chitholes, they are going more and more and more insane and are driving those businesses out.

All the blue chitholes seem to have that in common. They used to be rich and built up a lot of successful businesses. Now they're living off of those businesses and the legacy of their past wealth and slowly bleeding it out with high taxes and socialism......acting like those businesses can never and will never leave. But they do. Something tells me they won't dial back the socialism one bit until they have thoroughly run those cities right into the ground and there is no more money left to tax or steal.

[steve8714]

Wait until AI takes their jobs.