Cargill plans to cut about 8,000 jobs globally due to lower commodity prices and profits.
Cargill, the world's largest agricultural commodities trader and a major US private company, plans to cut around 5% of its global workforce, amounting to about 8,000 jobs, due to a decline in food commodity prices and profits. The company aims to streamline operations and reduce workforce duplication as part of its 2030 strategy. Despite the layoffs, Cargill's CEO, Brian Sikes, said the company will focus on maximizing competitiveness and adapting to market trends.
4 months ago
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