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Gid 130 Al Form

Gid 130 Al Form

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also this morning several announcements regarding layoffs in the overall a industry we start with Cargill the biggest private company in the US announcing it plans to lay off 5% of its employees worldwide that translates to about 8,000 jobs the Minnesota based company has more than 160,000 employees around the world the cuts include 475 employees from its facilities in Minnesota the company says the changes are part of a long-term strategy at set early ear this year but Farm Journal Washington analyst Jim whis Meer says the company's profits fell to $2.5 billion in the fiscal year ending in May the lowest since 2015 it's also faced challenges due to Falling commodity prices including major grains dipping to near four-year lows leading to shrinking crop processing margins the US cattle herd is also at its smallest in seven decades impacting cargo's Beef Processing operations and more layoffs said John de year a warn notice in Iowa was posted showing that the comp

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