LA BROQUERIE, MANITOBA – Canadian pork processor HyLife Ltd., announced on June 9 that it would lay off 87 employees. The company cited inflation, rising production costs, the uncertainty in hog and pork markets and foreign exchange rates’ negative impacts among the reasons for the decision.

“Over the last several months, these difficulties have become increasingly pressing and have created a situation where we need to be more efficient,” said Grant Lazaruk, president and chief executive officer of HyLife. “We are carefully restructuring to endure the current global conditions.”

 HyLife said the layoffs represent about 3.5% of its employees would be laid off. The company said the majority of the jobs are administrative with minimal impact on product and range from director level to term employees supporting Canadian operations. 

“These are roles and people we value- no decision has been easy. We want to sincerely thank the team members who are departing,” Lazaruk said. “We know that long term, these incredibly hard choices will reposition and return our business to a place of strength and stability.”

HyLife said it would work with employees to receive proper serveracne and offered employment resources to support affected people.

Last week, HyLife announced that its Windom, Minn., pork processing facility was sold and did not retain its staff. In April, three subsidiaries of HyLife Ltd. Filed for Chapter 11 bankruptcy protection.