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Cargill Layoffs Announced, Falling Commodity Prices Impede the Business

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The IT and automotive industries are not the only ones feeling cornered by job cuts, with top agribusiness Cargill also announcing layoffs across its global workforce. As a privately-held business, the company doesn’t have too much information on its structure and finances publicly available, but a 2024 annual report from the company revealed that it had over 160,000 employees across the world. With Cargill’s 5% workforce reduction plan, around 8,000 employees can be expected to move out of the organiz

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tion.  Cargill’s global job cuts have been connected to a long-term strategy to “strengthen” the company’s impact, and this mission begins

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