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 global workforce by about 5%. In a statement sent to The Associated Press on Tuesday,
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, noted that it operates in 70 countries and sells to 125 markets — raking in some $160 billion in annual revenue. That's down from $177 billion in revenues seen the year prior.
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 employs 160,000 people.
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 equate to about 8,000 jobs.
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 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 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 announces layoffs at Wayzata HQ, global workforce reduction
Cargill has announced it will reduce its global workforce by roughly 5% - cutting hundreds of jobs at its Wayzata headquarters in the process.
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 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 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.
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 ...
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Cargill slashing global workforce by 5%
Cargill, which operates a plant in Hammond, is laying off 5% of its workforce internationally. The Minnesota-based company, ...