Cargill begins job cuts in drive to reduce headcount by 5%
Global commodities trader Cargill began laying off employees across its vast operations on Tuesday in a drive to slash headcount by 5%, sending U.S. workers from supply chain, inventory control and other roles to look for new jobs.
Cargill could shed around 8,000 jobs under 5% global workforce reductions
"Cargill could shed around 8,000 jobs under 5% global workforce reductions" was originally created and published by Just Food, a GlobalData owned brand.
Agribusiness giant Cargill is laying off 5% of its workforce
The food production company said that the cuts were part of a long-term strategy “to strengthen Cargill’s impact,” which includes realigning resources.
Cargill to lay off 5% of global workforce
Cargill, the largest privately-held company in the U.S. according to Forbes, is laying off 5% of its global workforce. The Minnesota-based ag commodities
Cargill to lay off around 8,000 employees globally
Cargill's latest annual report states the company employs more than 160,000 workers globally, meaning a 5% workforce reduction will represent around 8,000 jobs lost. According to Twin Cities Business Magazine, 475 employees will be impacted at Cargill's Wayzata headquarters.
Cargill to Cut Thousands of Jobs Globally as Profits Shrink
Cargill Inc. is cutting thousands of jobs globally after the largest privately held company in the US missed profit targets.
Cargill to Lay Off Thousands of Employees
While it did not immediately provide further specifics around the layoffs, Cargill is set to reduce its global workforce by about 5 percent. Around 8,000 employees could be impacted based on the company's 2024 annual report that noted it had over 160,000 employees worldwide.
Cargill Lays off 5% of Its Workforce, With Job Cuts Impacting Thousands of Employees Globally
Cargill confirmed this week that it would be reducing its global workforce by about 5%. In a statement sent to The Associated Press on Tuesday, the food production company said that the cuts were part of a long-term strategy “to strengthen Cargill's impact,
Cargill plans to slash roughly 8,000 jobs globally
The company, which operates a meat-processing facility near High River that employs roughly 2,200 people, plans to cut five per cent of its global workforce.
Cargill to cut thousands of jobs as part of sweeping restructuring
Cargill, the world’s largest agricultural commodities trader, said it was slashing 5 per cent of its 164,000-strong workforce as part of a sweeping restructuring effort to restore profit margins. The move comes after the Minneapolis-based company reported falling revenues,
Commodities trading giant Cargill plans to cut around 8,000 jobs
Global trading house Cargill said on Tuesday it plans to cut around 5% of its staff, or about 8,000 jobs after revenue slumped in its most recent fiscal year as crop prices hit multi-year lows. Agricultural merchants including privately held Cargill are under pressure as prices of the commodity crops they trade,
Minnesota-based Cargill lays off 5% of its workforce, impacting thousands of employees globally
Agribusiness giant Cargill is laying off thousands of its employees.Cargill confirmed this week that it would be reducing its ...
475 Layoffs Planned For Cargill's MN Office Among Thousands Globally
As a privately held company, Cargill doesn't regularly publish its finances publicly. A 2024 report from the company, however ...
Cargill to lay off thousands of workers amid falling commodity prices
Cargill Inc. is laying off thousands of workers globally as it faces pressures related to lower commodity prices. The cuts ...
Cargill to cut 8,000 workers. East St. Louis plant may be hit
Cargill has facilities in East St. Louis and Columbia, Missouri, plus in Kansas City and along the Mississippi River in ...
All About Jade Cargill's Daughter Bailey — and How She Fiercely Defended Her Mom During a WWE Match
Here’s everything to know about Jade Cargill’s daughter, Bailey. Cargill and Phillips welcomed their daughter Bailey on April ...