American kitchen product company Tupperware is closing its last U.S. factory and relocating production to Mexico due to financial difficulties.
Tupperware Brands stated that while some eligible employees will receive severance packages and early retirement, the company is working to connect other laid-off workers with local businesses at a job fair.
The 78-year-old company, which gained popularity through multi-level marketing by recruiting housewives to sell its food containers and other products at parties, plans to “take advantage of cheaper wages in Mexico,” according to the Daily Mail.
Production will be moved to Lerma, about 35 miles west of Mexico City.
“The company has always been a business focused on people, so we will take important steps to take care of our Hemingway team,” Tupperware told the Daily Mail.
Some social media users have attributed the plant closure to “Bidenomics.”
