Cargill to terminate about 8,000 employees, including 475 in home-base state of Minnesota
Headline from Duluth News Tribune
Minnesota-based Cargill has said it plans to cut around 5% of its staff after revenue slumped in its most recent fiscal year as crop prices hit multi-year lows.
Duluth News Tribune's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Minnesota-based Cargill has said it plans to cut around 5% of its staff after revenue slumped in its most recent fiscal year as crop prices hit multi-year lows.
Food producer Cargill said Tuesday it will cut about 8,000 jobs globally after falling crop prices tanked profits of the largest privately held company in the US.