financetom
Business
financetom
/
Business
/
Cargill to lay off 80 workers in Minnesota, more globally
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cargill to lay off 80 workers in Minnesota, more globally
Oct 29, 2025 12:54 PM

CHICAGO, Oct 29 (Reuters) - U.S. agribusiness Cargill

Inc said Wednesday it is permanently laying off 80

employees in Minnesota and an undisclosed number globally in the

latest wave of job cuts among agricultural companies hit by a

broader farm sector slump.

The layoffs, part of a plan announced last December to cut

its workforce by 5%, were aimed at "reducing redundancy in

select professional areas," Cargill said in an emailed

statement.

The layoffs were not triggered by any business exits and

were not tied to replacing human workers with automation or

artificial intelligence, the Minnesota-based company said.

Cargill is the largest privately-held U.S. company, with a

global workforce of about 155,000.

About 80 employees in Minnesota, including staff at

Cargill's Wayzata Office Center, will be laid off beginning on

December 31 and will be offered severance pay and outplacement

services, according to a Cargill letter sent to the Minnesota

Department of Employment and Economic Development on Monday.

Cargill's workforce reductions are the latest in a wave of

job cuts following announcements at tech giant Amazon ( AMZN ), retailer

Target and others, and the firing of numerous federal government

employees.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
JPMorgan's Dimon backs easing of quarterly earnings requirement, Bloomberg News reports
JPMorgan's Dimon backs easing of quarterly earnings requirement, Bloomberg News reports
Oct 7, 2025
Oct 7 (Reuters) - JPMorgan Chase ( JPM ) CEO Jamie Dimon said he would welcome proposed changes to ease the US Securities and Exchange Commission's quarterly earnings report requirements, Bloomberg News reported on Tuesday. Dimon made his remarks during an interview on Bloomberg TV, where he also touched upon the bank's yearly AI spends. Last month, U.S. President Donald...
CoAdvantage and PrimePay Announce Combined Leadership Team Following Merger
CoAdvantage and PrimePay Announce Combined Leadership Team Following Merger
Oct 7, 2025
Jim Neve appointed Executive Chairman to oversee strategic direction and growth BRADENTON, Fla., Oct. 7, 2025 /PRNewswire/ -- CoAdvantage and PrimePay, two leading providers of HR technology and solutions, today announced the leadership team for the newly combined company, following the successful merger completed on June 30, 2025. This team is composed of seasoned industry experts from a number of different traditional...
JPMorgan's Dimon backs easing of quarterly earnings requirement, Bloomberg News reports
JPMorgan's Dimon backs easing of quarterly earnings requirement, Bloomberg News reports
Oct 7, 2025
(Reuters) -JPMorgan Chase ( JPM ) CEO Jamie Dimon said he would welcome proposed changes to ease the US Securities and Exchange Commission's quarterly earnings report requirements, Bloomberg News reported on Tuesday. Dimon made his remarks during an interview on Bloomberg TV, where he also touched upon the bank's yearly AI spends. Last month, U.S. President Donald Trump had renewed...
Market Chatter: CoreWeave Doesn't Plan to Change its Bid for Core Scientific
Market Chatter: CoreWeave Doesn't Plan to Change its Bid for Core Scientific
Oct 7, 2025
02:10 PM EDT, 10/07/2025 (MT Newswires) -- CoreWeave ( CRWV ) doesn't plan to change its $9 billion bid for Core Scientific ( CORZ ) , Bloomberg reported Tuesday, citing CoreWeave ( CRWV ) chief executive officer Michael Intrator from an interview on Bloomberg Television. Intrator's comments come after Core Scientific ( CORZ ) investor Two Seas Capital issued a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved