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.
Cargill laying off thousands in workforce reduction
Food supplier Cargill confirmed they will be laying off about 5% of its global workforce. According to Cargill, the decision to implement a 5% reduction in its workforce came after they set a long-term goal earlier this year to “evolve and strengthen our portfolio to take advantage of compelling trends in front of
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, driven by declining crop prices.
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.
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 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 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 to Lay Off Thousands of Employees
Agricultural business Cargill has announced a sweeping reduction of its workforce, which will lay off thousands of employees. While it did not immediately provide further specifics around the layoffs,
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 plans to cut around 5% of global employees, internal memo says
Global trading house Cargill plans to cut around 5% of its worldwide employees, according to an internal memo reviewed by Reuters on Tuesday. "The majority of these reductions will take place this year.
Food supply chain company Cargill to lay off thousands of employees
Minnesota-based food supply chain company Cargill announced it will be laying off 5% of its global workforce. The distributor ...
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 ...
The HR Digest14h
Cargill Layoffs Announced, Falling Commodity Prices Impede the Business
The Cargill layoffs will affect 5% of its global workforce this year, which is estimated to involve around 8,000 workers.
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 ...
Food supplier Cargill to cut 8,000 jobs globally as falling crop prices hurt profits
Food producer Cargill said Tuesday it will cut about 8,000 jobs globally after falling crop prices tanked profits of the ...
Cargill to Terminate About 475 Employees in Minnesota
CHICAGO (Reuters) -Global trading house Cargill plans to permanently terminate about 475 employees in Minnesota, home to its ...
Cargill to lay off 8,000 workers companywide after missed earnings goals
Agribusiness giant Cargill Inc. is laying off about 5% of its total workforce — around 8,000 jobs — following a rare revenue ...