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ADM to Cut Jobs
ADM to Cut Jobs as Soft Oilseed Demand Hurts Results
Key Takeaways Archer-Daniels-Midland missed fourth-quarter earnings and revenue estimates as oilseed demand weakened.The agriculture commodities giant saw its Crushing subsegment operating profit plunge 46% year-over-year.
ADM cutting up to 700 jobs as it keeps a close eye on tariffs
The agriculture giant is planning cost cuts and eyeing potential consolidation and divestitures of up to $2 billion in assets.
ADM planning to cut 600-700 jobs in cost-cutting plan for 2025
Kelsey Grammer recently revealed to the New York Post the reason why he had a 30-year falling out with “Cheers” co-star Ted Danson. The two actors appeared on a podcast last October where Danson apologized to Grammer for an incident on the “Cheers” set that resulted in them not speaking for three decades. Grammer now …
ADM cuts jobs, costs, braces for global tariff uncertainty
Fourth quarter profit sagged as the firm grappled with a major fire at one of its Decatur plants and looks ahead to a risky future.
Exclusive: ADM to make layoffs soon to cut costs, sources say
Global grain merchant Archer-Daniels-Midland will soon start laying off employees as part of a global effort to cut costs as low crop prices erode profit, three people briefed on the matter told Reuters on Friday.
ADM announces plan to cut up to 700 jobs globally
ADM currently expects a targeted workforce reduction of approximately 600–700 roles globally in 2025.
ADM plans to lay off up to 700 employees worldwide
Archer-Daniels-Midland Co. said it plans to lay off up to 700 employees around the world as it tries to save up to $750 million over the next three to five years. The Chicago-based food giant (NYSE: ADM) announced the layoffs when the company reported that both fourth-quarter earnings and revenues fell from a year earlier.
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ADM to cut up to 700 jobs, sell assets as nutrition segment faces headwinds
The ingredients manufacturer and crop trader identified more than $2 billion in opportunities to streamline its portfolio as ...
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ADM 2025 outlook clouded by trade tensions, biofuel policies
Global grains trader Archer-Daniels-Midland is slashing costs and cutting staff to weather a commodity downturn made more ...
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ADM Weighing Asset Divestures in Push for Leaner Portfolio
Archer-Daniels-Midland Co. is weighing asset divestitures as part of a plan to slash costs as the crop trading giant faces a ...
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ADM to slash up to 700 roles as work to fix reporting problems continues
The agricultural company’s CFO Monish Patolawala said the company is making progress on its effort to “lift” the material ...
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on MSN
ADM quarterly profit falls on weak crush margins, announces layoffs
By Karl Plume CHICAGO (Reuters) -Grains merchant Archer-Daniels-Midland posted its lowest fourth-quarter adjusted profit in ...
WAND
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ADM expecting up to 700 global layoffs in 2025
CHICAGO (WAND) — Archer Daniels Midland will reduce its global workforce by 600 to 700 people in 2025. The company announced ...
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