Sources told Reuters that layoffs are currently under way. ADM's profit has eroded amid slow demand and a global glut of ...
Global grains trader Archer-Daniels-Midland is slashing costs and cutting staff to weather a commodity downturn made more ...
The ingredients manufacturer and crop trader identified more than $2 billion in opportunities to streamline its portfolio as ...
CHICAGO (WAND) — Archer Daniels Midland will reduce its global workforce by 600 to 700 people in 2025. The company announced ...
U.S. grain merchant Archer Daniels Midland warned that trade policy uncertainty would likely hit the company’s bottom line ...
Archer-Daniels-Midland Co. is weighing asset divestitures as part of a plan to slash costs as the crop trading giant faces a ...
and/or processes the crops before selling them to food, feed, and energy buyers. The commodity products ADM moves around the world are readily available from competitors, and the company has ...
While weather’s effect on farming is often at the forefront of crop planning, its broader implications deserve closer ...
The layoffs at ADM and Cargill signal a broader trend within the agricultural industry as companies reassess their operations in light of changing market conditions. Analysts warn that if low crop ...
ADM will soon begin terminating staff as part of a global cost reduction effort as low crop prices erode profits, Reuters’ Ana Mano and Chris ...
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